/biz/ - Business & Finance

>>29987648
Lots of the wealth in dem cities is uber-concentrated into a wealthy upper class. This is why some of these "wealthy dem cities" have such massive homelessness and joblessness problems. This is why so many of them have huge quality-of-life problems.

California is an amazing example. A small, ultra-productive upper class essentially bankrolls the whole state's welfare. The California class of silicon valley tech wizzes, and the talented people who work for them, both fall into this class. This class of people makes fuck loads of money, which is then taxed by the state at mind blowing rates and distributed out to all of the useless immigrants and niggers who've flooded the state. This is how, despite being a tech hub that is technically profitable on paper, cali also has some of the largest sustainability issues in the nation. This is especially true with how many members of the smart, productive class are fleeing cali for more republican areas, such as Texas, which won't rape them. I'm not saying this is a clear-cut DEMOCRAT BAD REPUBLICAN GOOD issue, but it definitely seems like the California type distributionism economy is a fucking nightmare that productive people are fleeing from. New York is facing many of the same problems.