![](\"https:\/\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/08\/nyc-mayor-zohran-mamdani.png\")
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Barstool Sports founder Dave Portnoy weighs in on Zohran Mamdani’s grocery store plan, Nantucket’s viral ‘No Influencers’ sign, stay-at-home boyfriends and why money isn’t an excuse for dating.<\/p>\n
New York City Mayor Zohran Mamdani’s taxpayer-funded grocery store proposal is reigniting debate over whether government-run businesses can compete over the long term without relying on public subsidies.<\/p>\n
Barstool Sports founder Dave Portnoy joined FOX Business’ Stuart Varney on “Varney & Co.” to weigh in on Mamdani’s proposal, which has sparked debate over whether taxpayer-funded grocery stores could reduce food costs for consumers while remaining financially sustainable.<\/p>\n
NYC Mayor Zohran Mamdani, mayor of New York, holds up bananas labeled with a 30% off sticker during an announcement on municipal grocery stores. (Adam Gray\/Bloomberg \/ Getty Images)<\/p>\n
Portnoy said he was initially confused by reports about how shoppers would access the stores, noting that earlier discussions appeared to suggest some type of membership card would be required.<\/p>\n
“This is crazy to let\u2026 anybody go,” Portnoy said.<\/p>\n
While critical of the proposal, Portnoy predicted the stores could appear successful during their early months because of significant public funding.<\/p>\n
Manhattan Institute senior fellow John Ketcham discusses New York City Mayor Zohran Mamdani’s proposed city-run grocery plan and why bodega owners say it could threaten their businesses on ‘Maria Bartiromo’s Wall Street.’<\/p>\n
MAMDANI’S TAX ROLL BLUNDER WILL BACKFIRE ON EVERYDAY NEW YORKERS AS BUYERS HEAD SOUTH, DEVELOPER WARNS<\/p>\n
“I think this is going to be very successful, this grocery store, in the short term,” he said. “If you’re gonna put… some astronomical amount of money into this, I think it’s gonna sorta be a mirage.”<\/p>\n
Portnoy argued that heavy taxpayer subsidies could temporarily mask the true economics of operating a grocery business.<\/p>\n
‘The Big Money Show’ discusses NYC Mayor Zohran Mamdani’s controversial plans, including a $9 billion childcare program and ousting business leaders from a mayor’s fund.<\/p>\n
“I think taxpayers will make this work and he’s gonna look how great communism, socialism is,” Portnoy said, adding that the program should not be judged on its first several months.<\/p>\n
Instead, he said the real test would come years later, when the operation would have to sustain itself.<\/p>\n
KEN GRIFFIN’S NYC SKYSCRAPER MOVES FORWARD DESPITE FEUD WITH MAYOR ZOHRAN MAMDANI<\/p>\n
Multicultural Business Coalition Chairman Frank Garcia says the mayor did not want to meet with his group over concerns about the city-run grocery store project on \u2018The Bottom Line.\u2019<\/p>\n
“Talk to me in two years, talk to me three years when you’re running an actual business and have to maintain it,” Portnoy said. “That’s when it’s gonna be hard.”<\/p>\n
Because of that, Portnoy characterized the proposal as “kind of a publicity stunt,” arguing that its early performance would not necessarily reflect its long-term viability.<\/p>\n
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#Portnoy #taxpayer #subsidies #mask #Mamdani #grocery #store #flaws<\/p>\n","protected":false},"excerpt":{"rendered":"
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