video …Texas remains a major destination for businesses leaving California. But businesses are also moving to other states with lower business costs and better business climates than California, according to the report… …"Policies have driven business and housing costs so high that companies and people are leaving the state for more affordable, less regulated, and less taxed locations," the report says. "This process will continue until the state’s political leaders make very different policy choices that create a different future for California—one that honors its remarkable past." https://www.foxbusiness.com/politics/californias-business-exodus-soared-2021-report-finds And it got even worse in 2022! California is a failed state. It is a sad reminder of what happens in a one party state ruled by a coastal secular progressive urban elite.
If you want to know the true mentality of the left, they are fleeing the very cesspool they created with the highest poverty rate, highest tax rate, highest homeless rate, disappearing middleclass, highest gas prices, with homeless encampments all over their cities while you get to smell human feces and urine all day, but will move to another state and vote for the very same policies they were fleeing in the first place. Go Figure
Sadly, many of those exiting California are coming to my state which has officially flipped to a liberal blue bastion state. With them, they brought a ton of homelessness, the highest inflation rate (nearly 17% inflation) and a massive increase in crime. Colorado now ranks 1st in motor vehicle theft and 2nd in property crime. Crime Across Colorado Out of 167 cities reporting across the U.S. in the FBI’s 2022-Q2 Quarterly Uniform Crime Report, Pueblo ranks in the top ten rates of crime for all ten crime categories listed: aggravated assault (8th), violent crime (5th), murder (8th), rape (2nd), robbery (4th), property crime (5th), burglary (4th), larceny/theft (7th), motor vehicle theft (6th), and arson (2nd). Among 69 major cities surveyed by the Major Cities Chiefs Association in their 2022 Mid-year Comparison with 2021:[iv] Aurora ranks 7th in the growth rate of homicides (35% increase), 66th in rape (32.3% decrease), 21st in robbery (21.4% increase), and 5th in aggravated assault (26.7% increase). Denver ranks 12th in the growth rate of homicides (23.3% increase), 33rd in rape (3.8% decrease), 36th in robbery (7.3% increase), and 16th in aggravated assault (11.3% increase).
No. 6 in GDP per capita, clearly a failed state. Just like NY state, number 2 in GDP per capita, another liberal hellhole. Maybe you should all move to red Mississippi, last in GDP per capita, half of that of CA.
Or like many in California, move to the thriving states like Texas, Arizona or Florida where it doesn't cost $1.2 million for a 1,200 sqft bigelow. https://www.bea.gov/news/2022/gross...te-and-personal-income-state-2nd-quarter-2022 BTW, Texas GDP grew at a 10.1% annual growth rate. That is a substantial larger gain than that of California who saw significant drops in tax revenues.
So much wrong with this. 1. It's not something to brag about when it's concentrated amongst a very small percentage of ultra wealthy. 2. You also can't compare GDP of states that have wildly different costs of living. Imagine how much better someone in MS lives making $50k than someone in CA making $100k.....it's not even close. CA is a disaster for all but the uber wealthy....stop polishing that turd.
Most of it is, but not all. Some parts of it are thriving despite their best efforts to suck us down the drain with them.
There are actually inland Republican exurbs and small town to rural areas where there still is a functional working and middle class that can afford to own area homes and have good schools, parks , and jobs. Many in coastal urban areas prefer that those leaving for political or economic reasons go out of state altogether rather than resettle in the far north or the eastern Sierra Nevada foothills and eastern Central Valley.
Of course, but the numbers regarding gdp are driven by the extreme wealthy in the cities that have sky high cost of living.
That’s true. When cost of living is taken into account, several of the urban coastal counties have lower overall standards of living and higher poverty and homelessness rates than the inland places still having a working and middle class where the working class couple can still afford some of the local homes.