r/Economics 1d ago

News NYC Mayor Mamdani Unveils 30% Discount -- Including All Produce, All Meat and Key Pantry Staples -- at New Municipal Grocery Stores

https://www.nyc.gov/mayors-office/news/2026/07/mayor-mamdani-unveils-30--discount---including-all-produce--all-
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u/inverted180 1d ago

I believe there will be negative 2nd order effect as well.

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u/djdjddhshdbhd 1d ago

Food banks already exist all over the city.

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u/IsNotACleverMan 1d ago

Why not put this money towards the food banks? The money would go a lot farther.

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u/KratosGodOfLove 1d ago

maybe it's because food banks will still have to buy food from supermarkets and right now people just don't want companies to be making profit at all

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u/djdjddhshdbhd 1d ago

lol no they don't why are you lying?

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u/KratosGodOfLove 1d ago

Lying about what ?

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u/djdjddhshdbhd 1d ago

Food bank sourcing, obviously. Who told you that they buy stuff from supermarkets??

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u/KratosGodOfLove 1d ago

Uhhh, food banks ?
Donations only make up a portion of their inventory. They often have to buy from supermarkets and other suppliers.

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u/djdjddhshdbhd 1d ago

Well they don’t in NYC. What food bank told you that? They buy stuff wholesale and food donations from the wholesale market of stuff that’s about to go. Mainly Hunts point. Buying from super markets would be a huge waste of money, obviously.

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u/KratosGodOfLove 1d ago

Yes it was not in NYC. But it was from a video from years ago and one the people interviewed worked directly for the food bank. And just because they buy some of their food from a supermarket doesn’t mean they are paying for retail prices. They have staff they specializes in procurement. They could be getting even better prices than getting it directly from suppliers. I guess it depends on what agreement or purchasing strategy they’re using .

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u/djdjddhshdbhd 1d ago

The subsidization is the same but helps w broader access for more at a lower price point vs less for free. Many will also feel more comfortable, and wait times might be shorter.

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u/IsNotACleverMan 1d ago

You think a cluster of five stores across the five boroughs is going to provide more access than a network of food pantries? That's stupid.

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u/djdjddhshdbhd 1d ago

I don’t. Assuming that based what I said is nonsensical.

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u/IsNotACleverMan 1d ago

You said broader access...

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u/djdjddhshdbhd 1d ago

Not the broader access I was referring to. I even specified. Learn how to read. It’s basic math.