Kevin O'Leary, the Shark Tank investor known for his tough love business advice, is sounding the alarm on a potential economic disaster in New York. In a recent statement, O'Leary expressed his skepticism about a proposed plan to offer 30% cheaper groceries to residents, a policy championed by New York City Comptroller Brad Lander and Council Member Shekar Krishnan. O'Leary warns that the plan, which aims to make groceries more affordable for low-income families, will ultimately lead to higher costs for taxpayers and potentially even higher prices for consumers in the long run. As the debate over the plan heats up, O'Leary's sharp criticism is likely to add fuel to the fire, with some arguing that his concerns are valid and others dismissing them as short-sighted.
'You are getting f-----!': Kevin O'Leary says New Yorkers will pay the price for Mamdani's 30% cheaper groceries plan moneywise.com
