Business & Economy · 3 views
The government can lower grocery prices. It doesn’t have to run the stores
Almost every plan to lower food prices ends up putting the government in one of two businesses, either running a grocery store , as New York Mayor Zohran Mamdani is now doing, or telling grocery stores what to charge.
Summary
Almost every plan to lower food prices ends up putting the government in one of two businesses, either running a grocery store , as New York Mayor Zohran Mamdani is now doing, or telling grocery stores what to charge. A new proposal from the Kitchen Table Project does neither, which is why I’ve spent more time with it than I expected to. Instead of working on what shoppers pay, it works on what the store pays. The federal government already buys an enormous amount of food.
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