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As New York City Mayor Zohran Mamdani moves forward with plans for city-owned grocery stores, economists and local business owners warn the proposal could crush small grocers while leaving taxpayers with a hefty bill.
The initiative, a key Mamdani campaign pledge, would establish city-backed supermarkets across the city in an effort to lower food costs.
Adam Lehodey of the Manhattan Institute believes the city could address food affordability more efficiently through private-sector partnerships and existing assistance programs rather than operating...
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