william the wie
Gold Member
- Nov 18, 2009
- 16,667
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There will be a great gnashing of Teeth in the Blue Wall as the tax base shrinks and companies head for the state line. There will be some replacement as felonious illegal immigrants run to the sanctuaries. In businesses where being rich is fairly common:
Banking;
Securities;
Commodities;
High Tech;
Living inside the Blue Wall will become suicidal quickly. But with wages, pensions and home values going down people who think of themselves as middle class in Blue states will be hit hard, particularly among those who work in state and local government. In low tax states the exact opposite will happen but with lower amplitude. Vegas, Nashville, Austin, New Orleans and similar party towns outside the Blue Wall will do especially well. So pensioners who have already moved out of the blue wall will be the only major loser in the Red Edge.
What did I miss?
Banking;
Securities;
Commodities;
High Tech;
Living inside the Blue Wall will become suicidal quickly. But with wages, pensions and home values going down people who think of themselves as middle class in Blue states will be hit hard, particularly among those who work in state and local government. In low tax states the exact opposite will happen but with lower amplitude. Vegas, Nashville, Austin, New Orleans and similar party towns outside the Blue Wall will do especially well. So pensioners who have already moved out of the blue wall will be the only major loser in the Red Edge.
What did I miss?