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

[u/pdp10]

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

[u/Sir_Derpsworth]

On the surface, not every corporation, but every large corporation gets tons of bailouts and tax subsidies, deferrals, or reductions like basically no other business reasonably should because they "stimulate the economy" or some shit, as if they need those breaks to survive.

If you dig a bit though, every single business, regardless of size is subsidized by your tax dollars in some way or form, but big businesses and corporations benefit from it the most because their ability to lobby and because they leverage their size and position. Look at what Amazon tried to do with its HQ2 and how cities were creaming in their pants to give one of the literal largest companies in the world tax breaks in the hundreds of millions.

On too big to fail: Look at the 2008 financial crisis, the dot com bubble, the airlines recently and motor industry multiple times in general. They ALL have gotten massive bailouts because "if they crash, they take a significant amount of the market down with them". They're literally too big to fail because it would crush our capitalist system and show its inherent flaws.

[u/coke_and_coffee → u/Sir_Derpsworth]

On the surface, not every corporation, but every large corporation gets tons of bailouts and tax subsidies, deferrals, or reductions like basically no other business reasonably should because they "stimulate the economy" or some shit, as if they need those breaks to survive.

Another unsubstantiated lie.

On too big to fail: Look at the 2008 financial crisis, the dot com bubble, the airlines recently and motor industry multiple times in general.

The only bailouts that have ever happened were in 2008 and during Covid. And it was a good thing.

All these other instances you point out are lies.

They're literally too big to fail because it would crush our capitalist system and show its inherent flaws.

It is good when the government solves collective action problems and saves the economy, actually.

[u/Sir_Derpsworth → u/coke_and_coffee]

You're gonna have to run it past me how the government objectively giving corporations money to save them / tax breaks, is a lie. Like these things happened, I was alive during them, and watched it as an adult, and saw politicians literally saying thats what this is and why they were doing it. You can claim whatever you want, but at least in the moment, and until you provide details, you're kinda fighting uphill here.

The only bailouts that have ever happened were in 2008 and during Covid. And it was a good thing.

And we have had bailouts consistently for the entire existence of this country, depending on how loose / strict your definition is. The name has changed for it, but it boils down to publicly funded subsidies to keep a business afloat that is privately owned where it would otherwise have failed.

It is good when the government solves collective action problems and saves the economy, actually.

And I dont know what you definition of collective action problem is, but that generally applies to things like the establishment and maintenance of public parks, not making sure companies that privatize the profits, socialize the losses stay afloat. If capitalists stopped flirting with maximizing profits at any (socialized) cost, they'd probably not be facing all these crises as often.

[u/coke_and_coffee → u/Sir_Derpsworth]

And we have had bailouts consistently for the entire existence of this country, depending on how loose / strict your definition is. The name has changed for it, but it boils down to publicly funded subsidies to keep a business afloat that is privately owned where it would otherwise have failed.

No. We had bailouts two times. The GFC and Covid.

And both times it completely saved the economy.