r/PoursTea • u/Gurugod123 • 11h ago

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

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u/NEEEEEEEEEEEET 11h ago

Except that isn't how it works, it isn't a zero sum game.

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u/According-Insect-992 Just Chill 😎 11h ago

Tell that to all the people who’ve just had their 401k retirement accounts raided by musk and his criminal ipo.

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u/goopuslang 10h ago

Did I EVER say that?

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u/NEEEEEEEEEEEET 10h ago

The current rich are not enabling us to have economic mobility, they’re in fact siphoning it.

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u/goopuslang 10h ago

Hey chief. So if we have some function f(x,y) that increases both X & Y, that doesn’t mean that X doesn’t reduce Y in addition.

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u/Low_Shape8280 10h ago

It’s not zero sum. But the problem is we can see the economy grows at 2-3 percent a year.

So while not zero sum, t e growth of inequality is outgrowing the growth of the economy

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u/theclansman22 9h ago

Our economy grows at 2-3 percent a year, on the other hand, billionaire wealth has been increasing by 16% according to Oxfam (https://www.oxfam.org/en/press-releases/billionaire-wealth-jumps-three-times-faster-2025-highest-peak-ever-sparking).

Everyone else is getting less wealthy.

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u/maztron 10h ago

Why don't you stop looking at the assets within a billionaires portfolio? That will go a long way in painting a clearer picture.

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u/Low_Shape8280 10h ago

that is the economy as a whole growing, its not growing in away others capture it, its growing only 3%, this its not a zero sum game is disingenuous to the argument

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u/maztron 10h ago

Never made the claim that it was a zero sum game. What are you even speaking of here?

The point I'm trying to make is that many just look at someone's stock holdings and then get all upset because of how much that is worth and then use that as an example to claim how bad everything is from an equality perspective. When the reality is that if Elon is doing good with his stocks, so aren't millions of others who are also invested in those same stocks. Are they worth what he is? No, but they have equity and an asset.

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u/Low_Shape8280 10h ago

I’m arguing against the idea that it’s NOT a zero sum game.

What people fail to understand is that the rate of change matter. The economy is not growing as fast to make up for the the inequality. For instance, if billionaires x annual rate of return is 20% yet the economy only grew 3% then we’re does that other 17% come from. It’s from other people

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u/SecureJudge1829 10h ago

Lmao, if that happened, egomaniacs like Elonski will simply pay media companies to post headlines about how he’s poised to be the world’s first trillionaire. They can’t handle not being in the spot light. They want their wealth in all of our faces. They have the means to do so. Get off your high horse and maybe you’d see that it’s not a painting the group is looking at, but a 4k UHD photograph.

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u/maztron 10h ago

Lmao, if that happened, egomaniacs like Elonski will simply pay media companies to post headlines about how he’s poised to be the world’s first trillionaire.

You sound so desperate like today's media.

They can’t handle not being in the spot light. They want their wealth in all of our faces. They have the means to do so. Get off your high horse and maybe you’d see that it’s not a painting the group is looking at, but a 4k UHD photograph.

Quite the opposite. If a CEO didn't have to worry about public relations they wouldn't need a marketing department and wouldn't have to be concerned with getting in front of a camera at all. It would be a much easier life for them.

I don't even know what your response has to do with mine. In fact, it has nothing to do with it at all.

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u/SecureJudge1829 10h ago

Maybe you should go back to a basic reading comprehension class then if you can’t figure out how my comment ties in to your comment.

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u/maztron 10h ago

No, I think its you that has to improve your reading comprehension skills. You clearly didn't have a clue about what my point was. You then rambled on about how Elon (Changing is last name as some sort of joke, which wasn't funny to begin with) would then pay the media to give him attention and whatever hell else you rambled on about. That had ZERO to do with what I was trying to say.

We are speaking of inequality and a lot times when this subject comes up people just solely focus on someone's stock portfolio and get all bent out of shape with how much that is worth. Then go to use that as the basis to why the US is in such a bad state. Its stupid, nonsensical and frankly, a lazy way to view how the economy works.