Erin Burnett to Mamdani: ‘You’re Not Looking at Some Soviet Union Grocery Stores on Every Corner?’

RUSH TRANSCRIPT All right ░░░░░░░░ now can we talk ░░░░░░░░ the policy The policy ░░░░░░░░ what stood out to ░░░░░░░░ lot of people But ░░░░░░░░ I said the freezing ░░░░░░░░ freezing rents on half ░░░░░░░░ the apartments free bus ░░░░░░░░ the free childcare and ░░░░░░░░ city run grocery stores ░░░░░░░░ do you pay for ░░░░░░░░ Let s go through ░░░░░░░░ So for the first ░░░░░░░░ freezing the rent that ░░░░░░░░ not something that requires ░░░░░░░░ fiscal output from the ░░░░░░░░ It s something that ░░░░░░░░ determined by the rent ░░░░░░░░ board composed of nine ░░░░░░░░ The mayor picks each ░░░░░░░░ those members They determine ░░░░░░░░ year whether rents rise ░░░░░░░░ whether they stay the ░░░░░░░░ The previous mayoral administration ░░░░░░░░ the rent three times ░░░░░░░░ this has clear historical ░░░░░░░░ when it comes to ░░░░░░░░ run growth So you ░░░░░░░░ saying Adams No this ░░░░░░░░ prior Okay Adams He ░░░░░░░░ he s the current ░░░░░░░░ who has raised it ░░░░░░░░ on those same New ░░░░░░░░ pushing them out of ░░░░░░░░ homes city run grocery ░░░░░░░░ I ve proposed a ░░░░░░░░ program of one store ░░░░░░░░ each borough These are ░░░░░░░░ stores in total The ░░░░░░░░ cost of this is ░░░░░░░░ million This is less ░░░░░░░░ half the cost of ░░░░░░░░ the city has already ░░░░░░░░ to spend on a ░░░░░░░░ program for corporate supermarkets ░░░░░░░░ has no guarantee of ░░░░░░░░ prices or collective bargaining ░░░░░░░░ or even accepting So ░░░░░░░░ re not looking at ░░░░░░░░ like Soviet Union grocery ░░░░░░░░ on every corner that ░░░░░░░░ going to be run ░░░░░░░░ the government No what ░░░░░░░░ m looking at is ░░░░░░░░ to solve the very ░░░░░░░░ twin crises of affordability ░░░░░░░░ you go to the ░░░░░░░░ store and food deserts ░░░░░░░░ disproportionately impact black and ░░░░░░░░ New Yorkers across the ░░░░░░░░ boroughs where I ve ░░░░░░░░ directly from New Yorkers ░░░░░░░░ say why is it ░░░░░░░░ I can find six ░░░░░░░░ food restaurants in a ░░░░░░░░ block radius but I ░░░░░░░░ t find a place ░░░░░░░░ buy groceries But five ░░░░░░░░ five boroughs Five grocery ░░░░░░░░ But that can t ░░░░░░░░ the goal Well I ░░░░░░░░ the idea Is the ░░░░░░░░ You want them on ░░░░░░░░ I mean not I ░░░░░░░░ but in New York ░░░░░░░░ do go There s ░░░░░░░░ nail salon every corner ░░░░░░░░ s grocery store on ░░░░░░░░ every other corner I ░░░░░░░░ ultimately I m guided ░░░░░░░░ outcomes If this pilot ░░░░░░░░ in guaranteeing cheaper groceries ░░░░░░░░ think it will be ░░░░░░░░ yes it should scale ░░░░░░░░ If it doesn t ░░░░░░░░ then no it shouldn ░░░░░░░░ because what New Yorkers ░░░░░░░░ are results And when ░░░░░░░░ comes to making busses ░░░░░░░░ and universal childcare these ░░░░░░░░ things that cost around ░░░░░░░░ million and let s ░░░░░░░░ about 5 or 6 ░░░░░░░░ significant amounts of Money ░░░░░░░░ amounts Of money but ░░░░░░░░ to be understood in ░░░░░░░░ context of a 113 ░░░░░░░░ municipal budget a 252 ░░░░░░░░ state budget And we ░░░░░░░░ forward a plan to ░░░░░░░░ for these and more ░░░░░░░░ start Trump proofing our ░░░░░░░░ through two major revenue ░░░░░░░░ increasing the top corporate ░░░░░░░░ rate of New York ░░░░░░░░ match that of New ░░░░░░░░ That raises 5 billion ░░░░░░░░ increasing income taxes on ░░░░░░░░ top 1 of New ░░░░░░░░ who make 1 million ░░░░░░░░ more a year by ░░░░░░░░ both of these things ░░░░░░░░ they come to fruition ░░░░░░░░ re still paying less ░░░░░░░░ you did before Trump.