New York City mayoral candidate Zohran Mamdani’s controversial plan for city-owned grocery stores is embarrassingly based on an “accounting error,” the Washington Examiner revealed in a recent report .
The Democrat nominee has defended his idea for socialist markets by saying they can be funded by the money saved from cutting city subsidies to “corporate grocery stores” — but he misunderstood the amount of money the city has.
“We will redirect city funds from corporate supermarkets to city-owned grocery stores whose mission is lower prices, not price-gouging,” Mamdani said in one video:
He claimed that five grocery stores would cost $60 million…
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