Crisis in Blue State: Businesses Plot Their Escape

By Daniel Walker | March 24, 2024

New York

New York Democratic Gov. Kathy Hochul recently faced criticism after a ruling fined former President Donald Trump and his company $355 million for consumer fraud.

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via FOX 5 New York

“I think that this is really an extraordinary, unusual circumstance that the law-abiding and rule-following New Yorkers who are business people have nothing to worry about, because they’re very different than Donald Trump and his behavior,” Hochul said. “By and large, [other business owners] are honest people, and they’re not trying to hide their assets, and they’re following the rules,” she added.

Governor Kathy Hochul

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via FOX

The total damages amounted to over $450 million. The controversy surrounding the ruling is causing other successful businesses to rethink staying in the blue state.