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ArticlesSeptember 03, 2024
“Don’t shoot the messenger:” Shark Tank Star Blasts Blue States For Being “Uninvestable”
Unless you're getting into a business where you house unhoused drug addicts, investing in blue states is “uninvestable,” according to "Shark Tank" star Kevin O'Leary.
O'Leary claims many blue states like New York, Massachusetts, and California have become a nightmare for investors, as officials have created an anti-business culture that regulates people into oblivion. Subsequently, many have moved to neighboring states that are unsurprisingly, republican states.
“Sorry, don’t shoot the messenger! Just telling you the way that it is!”
CNN hosts can’t believe their ears when Mr. Wonderful drops TRUTH BOMBS about the Democrat economic vision. pic.twitter.com/frMMNWxp24
— Townhall.com (@townhallcom) September 3, 2024
According to PJ Media:
“I don’t put companies here in New York anymore or in Massachusetts or in New Jersey or in California,” O'Leary stated. “Those states are uninvestable. The policy here is insane. The taxes are too high.” He highlighted Fargo, N.D., as a prime example of where his businesses are now relocating, noting that 40% of the workforce there operates remotely, including employees in Boston.
"New Jersey, what a mess. New York, uninvestable," he said.
Being anti-business is not just hostile towards the owner, as it creates fewer jobs. So while the left pretends to be in it for the little guy by claiming to stick it to greedy corporations, these people are making life so much harder for them.
Employees don’t create jobs, employers do. This is why it’s important to encourage business and not make it “uninvestable.”
The panel then asked O'Leary why New York was "uninvestable" and if it was just because of high taxes. The hosts were clearly not happy with O'Leary's characterization.
“The regulatory environment is punitive,” he explained, explaining how a global data center project near Niagara Falls eventually moved to Norway due to the state's oppressive policies. “Thousands of jobs coming out of that... that’s New York. Uninvestable.”
"Don't shoot the messenger," he added. "Just telling you the way it is."
What is the benefit of making it painfully hard to do business in these states? This is nothing more than government officials with control issues that result in less prosperity.
O'Leary argued that this would eventually destroy the blue states: "Over time, this is gonna diminish New Jersey, diminish New York, diminish Massachusetts, and California out of business. Out of business. El morte. No business there. You can't do business there. I don't know what that place is gonna turn into maybe a tourist zone, but no business."
O'Leary didn't shy away from calling out Gov. Kathy Hochul (D-N.Y.) either, holding her responsible for killing jobs. “She’s great at killing jobs. She kills jobs by the thousands,” he quipped, pointing to the Amazon HQ2 debacle in New York as proof. The project and all the jobs that it would have created ultimately went to Virginia.
Hochul has barely been in power for several years. How many jobs do you think she destroyed in that time?
The worst part about this is that all the people creating an anti-business culture are millionaires, as they pretend they despise those who earn a profit. People like Hochul have millions of dollars and she probably does not lose an ounce of sleep destroying jobs.
Economic excellence never came from the government and it never will.
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