
āMorning Joeā co-host Willie Geist pressed Democratic New York City mayoral nominee Zohran Mamdani on Tuesday about how he plans to fund his socialist proposals.
Mamdani has promised to enact a $30 minimum wage, open government-run grocery stores and buses and raise taxes if he is elected mayor. Geist asked Mamdani to explain who will be footing the bill for these types of government-run programs.
āSo youāre proposing free grocery stores, free buses, $30 minimum wage, all of which soundsincredible ⦠Excuse me, cheaper groceries. But what people want to know is great.I would love all those things.How do you pay for it?Whoās going to end up footing the bill for those programs?ā Geist asked.Ā
Mamdani began by attacking his opponent, independent New York City mayoral candidate Andrew Cuomo, for receiving endorsements from President Donald Trump and tech CEO Elon Musk. Geist brought the conversation back to affording Mamdaniās promises.
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āSo what do you say though on the question of affordability?Letās just take the $30 minimum wage to the guy who owns the dry cleaner, the woman whoowns the nail or hair salon, all these small businesses that youāve grown up around andsee on your block all the time say, I canāt afford to pay people $30.Ā Iām going to have to either lay people off or close my business. How do you explain that?ā Geist asked.Ā
āWell, this would be phased in over a longer period of time for small businesses as itāstypically done when youāre increasing the minimum wage.And what weāve heard in terms of concerns are similar ones we heard when we increased theminimum wage here in New York City before.What it comes back to is the fact that today to live in this city, you have to already beearning $30 an hour pretty much. And so if we donāt want to pay people that weāre going to lose New Yorkers,ā Mamdani said. āI met a man who was working for $11.99 outside of Elmhurst Hospital.He told me he commutes two hours every single day to give you because he lives in Pennsylvaniabecause he canāt afford to live in New York City.ā
In 2021, Mamdani stated in a resurfaced video from a Young Democratic Socialists of America conference that the end goal of socialism is about āseizing the means of production.ā He has received the endorsements of fellow self-professed democratic socialist lawmakers Democratic New York Rep. Alexandria Ocasio-Cortez and independent Vermont Sen. Bernie Sanders, who have campaigned on his behalf.
Mamdani was leading the race by 14 points ahead of Tuesdayās election, according to RealClearPolitics.
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