US Edition
Grocery CEOs Threaten Closures Over Mamdani's City Owned Store Proposal
- Zohran Mamdani, a candidate for mayor of New York City, has proposed raising taxes by $10 billion to support initiatives such as municipally operated grocery stores and free childcare services.
- Mamdani, a progressive New York State Assembly member, faces opposition from business leaders concerned about his platform's impact on the city's economy and tax base.
- Wealthy business leaders, including supermarket owner John Catsimatidis and investor Bill Ackman, have indicated they might shut down or relocate their operations due to concerns about the cost and business climate in New York’s financial sector.
- Alina Bonsell denounced Mamdani's platform as radical and financially impractical, stating, "You can't tax your way into utopia," and cautioning that those currently sustaining the city’s economy may choose to depart.
- The debate highlights concerns over potential business and resident departures that could affect New York's fiscal health and recovery amid these proposed progressive policies.
24 Articles
24 Articles
CNN's Cornish Fails To Challenge Democrat Guest On Mamdani's Lunatic Plans for NYC
Zohran Mamdani ran on and won NYC's Democrat mayoral primary on the most lunatic, destructive, left-wing agenda this side of Pyongyang. CNN This Morning host Audie Cornish had a perfect opportunity today to grill a Democrat from the leftist fringes on the party on it. Cornish's guest was Debbie Dingell, a Michigan congresswoman and a leader of the House Progressive Caucus. Cornish punted. Instead of putting her on the spot, Cornish let Dingell …
It’s Still the Economy, Stupid
Playbook: “Mamdani has promised free buses, free child care, city-run grocery stores, rent freezes, wealth taxes and more. And whatever you think of those kinds of pledges, there’s a running theme that plenty of Dems believe was the real lesson from last night: Mamdani won by focusing relentlessly on the cost of living — the issue poll after poll shows voters care about most…” “Of course, one other lesson centrist Dems might like to take away is…
Billionaire CEO warns he'll close grocery stores if democratic socialist candidate wins NYC mayor race
NYC mayoral candidate Mamdani's plan for city-owned grocery stores faces backlash, with Gristedes CEO threatening closures if the $60 million food insecurity proposal proceeds.
‘It would be a disaster’ – Why are NYC biz leaders against Indian- American Zohran Mamdani as mayor?
“It would be disastrous for the city,” said John Borthwick, founder and CEO of Betaworks, a Manhattan-based tech startup studio. Borthwick met Mamdani during a recent Partnership for New York City meeting and came away deeply concerned.
Coverage Details
Bias Distribution
- 60% of the sources lean Right
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