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by bastawhiz
61 days ago
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> and let the discounts competitively pass unto the customers This is the same trickle down economics principle that has proven not to work over, and over, and over again. There's exactly zero reason to believe these businesses would pass on the savings to consumers. Consider! Ingles (a supermarket brand here in NC) is criticized for holding huge amounts of abandoned/vacant/dilapidated properties [0], which stifles competition and lets them hold an effective monopoly and makes neighborhoods objectively worse. It's not about the taxes. Don't underestimate a chain's ability to eat costs by maintaining their market position. [0] https://avlwatchdog.org/opinion-ingles-markets-often-raises-... |
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But that's not all subsidy mechanisms. The best ones are where pass-through is enforced, not assumed.
You already know of one that works: WIC. It lowers the effective price for customer, which the store receives as reimbursement.
It's not about trickle-down -- that's ideology. It's more about designing the right mechanism.