{"id":1735,"date":"2026-08-06T13:24:12","date_gmt":"2026-08-06T13:24:12","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=1735"},"modified":"2026-08-06T13:24:12","modified_gmt":"2026-08-06T13:24:12","slug":"portnoy-says-taxpayer-subsidies-will-mask-mamdani-grocery-store-flaws","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=1735","title":{"rendered":"Portnoy says taxpayer subsidies will mask Mamdani grocery store flaws"},"content":{"rendered":"

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Barstool Sports founder Dave Portnoy weighs in on Zohran Mamdani’s grocery store plan, Nantucket’s viral ‘No Influencers’ sign, stay-at-home boyfriends and why money isn’t an excuse for dating.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

New York City Mayor Zohran Mamdani’s taxpayer-funded grocery store proposal is reigniting debate over whether government-run businesses can compete over the long term without relying on public subsidies.<\/p>\n

Barstool Sports founder Dave Portnoy joined FOX Business’ Stuart Varney on “Varney & Co.” to weigh in on Mamdani’s proposal, which has sparked debate over whether taxpayer-funded grocery stores could reduce food costs for consumers while remaining financially sustainable.<\/p>\n

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\"Mamdani's<\/source><\/source><\/source><\/source><\/picture><\/div>\n
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NYC Mayor Zohran Mamdani, mayor of New York, holds up bananas labeled with a 30% off sticker during an announcement on municipal grocery stores.<\/span> (Adam Gray\/Bloomberg \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n

Portnoy said he was initially confused by reports about how shoppers would access the stores, noting that earlier discussions appeared to suggest some type of membership card would be required.<\/p>\n

“This is crazy to let\u2026 anybody go,” Portnoy said.<\/p>\n

While critical of the proposal, Portnoy predicted the stores could appear successful during their early months because of significant public funding.<\/p>\n

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Manhattan Institute senior fellow John Ketcham discusses New York City Mayor Zohran Mamdani’s proposed city-run grocery plan and why bodega owners say it could threaten their businesses on ‘Maria Bartiromo’s Wall Street.’<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

MAMDANI’S TAX ROLL BLUNDER WILL BACKFIRE ON EVERYDAY NEW YORKERS AS BUYERS HEAD SOUTH, DEVELOPER WARNS<\/strong><\/p>\n

“I think this is going to be very successful, this grocery store, in the short term,” he said. “If you’re gonna put… some astronomical amount of money into this, I think it’s gonna sorta be a mirage.”<\/p>\n

Portnoy argued that heavy taxpayer subsidies could temporarily mask the true economics of operating a grocery business.<\/p>\n

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‘The Big Money Show’ discusses NYC Mayor Zohran Mamdani’s controversial plans, including a $9 billion childcare program and ousting business leaders from a mayor’s fund.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

“I think taxpayers will make this work, and he’s gonna look how great communism, socialism is,” Portnoy said, adding that the program should not be judged on its first several months.<\/p>\n

Instead, he said the real test would come years later, when the operation would have to sustain itself.<\/p>\n

KEN GRIFFIN’S NYC SKYSCRAPER MOVES FORWARD DESPITE FEUD WITH MAYOR ZOHRAN MAMDANI<\/strong><\/p>\n

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Multicultural Business Coalition Chairman Frank Garcia says the mayor did not want to meet with his group over concerns about the city-run grocery store project on \u2018The Bottom Line.\u2019<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

“Talk to me in two years, talk to me three years when you’re running an actual business and have to maintain it,” Portnoy said. “That’s when it’s gonna be hard.”<\/p>\n

Because of that, Portnoy characterized the proposal as “kind of a publicity stunt,” arguing that its early performance would not necessarily reflect its long-term viability.<\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n<\/div>\n

#Portnoy #taxpayer #subsidies #mask #Mamdani #grocery #store #flaws<\/p>\n","protected":false},"excerpt":{"rendered":"

Barstool Sports founder Dave P… <\/p>\n","protected":false},"author":1,"featured_media":1736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3456,1119,3329,3455,1135,3306,3454,3453],"class_list":["post-1735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-flaws","tag-grocery","tag-mamdani","tag-mask","tag-portnoy","tag-store","tag-subsidies","tag-taxpayer"],"yoast_head":"\nPortnoy says taxpayer subsidies will mask Mamdani grocery store flaws - Finance News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vaultinsider.top\/?p=1735\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Portnoy says taxpayer subsidies will mask Mamdani grocery store flaws - 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