Former Council of Economic Advisers acting chair Tomas Philipson discusses New York City’s reported $70 million government-run grocery store plan and more on ‘The Bottom Line.’
Former Council of Economic Advisers acting chair Tomas Philipson analyzes New York City’s government-run grocery store proposal on ‘The Bottom Line.’ Philipson warns that Mayor Zohran Mamdani’s plan carries massive taxpayer costs and lacks logistical feasibility. He also examines shocking data showing Americans pay more in total taxes than on basic food, clothing and housing essentials.
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