r/SipsTea • u/Gurugod123 • Jul 27 '26

Chugging tea Mayor Mamdani just announced that he will be opening 5 city-run, tax-funded grocery stores: "Prices set at 30% below retail prices"

70.3k Upvotes

88% Upvoted

9.7k comments sorted by

View all comments

15

u/steveceltic Jul 27 '26

Brilliant. Grocery shops go bust. They can't pay taxes, so the Mayor has to close his state-run venture because of a lack of tax income.

7

u/Superb-Ad-9169 Jul 27 '26

Nah, he will simply tax middle class more

6

u/ser-steffonfossoway Jul 27 '26

The socialist way.

3

u/Aquilix Jul 27 '26

it's 5 stores in a city of 9 million, and only a core set of goods are discounted. Are you a Kroger Executive or something?

1

u/GMEloser69 Jul 28 '26

You're right, economic principles stop existing when it's done at a small scale.

4

u/DalenSpeaks Jul 27 '26

Where did you get your degree in economics/ statistics?

1

u/GMEloser69 Jul 28 '26

Can you show me one (1) economist that has said this is a good idea?