California and NY City: 2024

 As things look....two paths are being laid out (Joe Biden as President, and two parts of the US with exodus heavily on the mind of occupants).  

Both California and NY City are in desperate financial woes and are absolutely dependent on two Georgia Democrats arriving and ensuring a pot of money from Joe Biden comes to them by mid-summer 2021. If this fails?  Well, I will suggest these four things likely to unfold:

1.  Business shift.  There's no reason for big-name operations, high-end restaurants, or mega corporations to maintain a presence in either location.  

2.  Retiree-wise, If you regard safety and security as a top ten thing....then you don't have much reason to remain in LA, SF, or NY City.

3.  Personal wealth.  When you add up sales taxes, income taxes and property taxes....with this nearing $18k a year and you figure half of this goes away if you move to Nevada or Tennessee, why would you remain?  

4.  Fear of the homeless situation going to an entirely new and higher level.  California (at least in the summer of 2020) figures they have around 150,000 homeless people. By the mummer period of 2021?  I'd go and suggest it being noted near the same number but the state admitting that another 100,000 people ought to be listed as homeless but on some state program to hide the issue.

President Joe with any great ideas?  No, I wouldn't go expecting much except to throw money at the two states....as 'gifts'.  There's probably a 2021 'gift' of 100 billion between the two, and a planned repeat by summer of 2023.  Resolving anything?  No....just delaying the required shutdown of various services that should be on the table in a planning stage now.

I would go and project that from the top 500 companies that existed in California in 2019...at least half of them will be removed from the state by 2024.  I would even go and suggest that fifty percent of the retirees in the state (mostly those living around SF/LA) will have left the state as well.  

In the case of NY City, I would suggest another half-million residents of the city will quietly pack and go as you get into the summer of 2021.  This exodus might slow slightly in 2022/2023, but you are looking at 1.5 million fewer people in the city (compared against 2019 levels).  

Resolving this?  You'd have to admit that all the staging and planning of the past decade....really went so far negative, that you can't come back to a resolution stage.

The last sad part of this story....what made NY City and California hot tourist sites....dissolved along with this.  Who'd want to go to this type of marginal atmosphere?