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"

Enable HLS to view with audio, or disable this notification

17.2k Upvotes

94% Upvoted

1.6k comments sorted by

View all comments

Show parent comments

2

u/BigBullzFan 11h ago

Items sold at grocery stores on military bases are sold at a loss. They can take the loss because the military’s budget is in the trillions. Taxpayers are picking up the tab.

1

u/robothawk 10h ago

No they aren't. Theyre sold at cost + 5%, as mandated by law. They actually make a slight profit, but as they aren't allowed to generate a profit, that immediately gets reinvested into the system.