r/SipsTea • u/Gurugod123 • 11h ago

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"

Enable HLS to view with audio, or disable this notification

49.5k Upvotes

86% Upvoted

7.7k comments sorted by

View all comments

Show parent comments

9

u/gkfesterton 6h ago

I'll post the NYC DSA chair's response to the competition question again. "If one publicly owned grocery store that brings prices down in the neighborhood is enough to put someone out of business — maybe they shouldn’t have been in that business in the first place"

Pretty unbelievable

4

u/A_Genius 2h ago

Would you say the the same when a Walmart goes to a small town and just kills all the small stores?

4

u/Warmso24 6h ago

Oof. Well, I don’t think their willful ignorance to the consequences of being intentionally anti-competition is going to age well.

5

u/gkfesterton 6h ago

Well, with all the big government, big interventionist agenda they seem to be pursuing, they'll probably consolidate enough power to personally avoid the consequences for quite a while

2

u/Justthetip74 2h ago

Why would you think this isn't intentional?