Americans are voting with their feet.
And they’re fleeing blue states in droves.
Now, one shocking report just exposed how many people are fleeing the biggest blue state in America.
For the last three years, Americans have been fleeing blue states by the hundreds of thousands.
States like Illinois and New York lost so many people that both ended up losing a congressional seat following the 2020 Census.
But not even New York could hold a candle to how many people are fleeing the largest blue state of them all.
The mass exodus out of California has been described as one of the largest examples of Americans ever voting with their feet, as the state that was once a beacon of hope and prosperity has become a crime-infested, ultra-expensive nightmare of high taxes and regulations that leave millions of residents unable to run a business or even afford a home.
California has effectively become a state that only allows the very rich and very poor to live there, and everyone else is left off subsidizing others’ lifestyles.
This, combined with draconian policies pursued by the state’s far-left governor and state legislature, has prompted hundreds of thousands of people to flee to states like Nevada, Arizona, and Texas.
And now, one shocking report exposes the true extent of the “Great California Exodus.”
Fox Business reports, “A recent report from the Hoover Institution highlighted the ongoing exodus of companies pulling their headquarters out of California to escape the Golden State’s high tax and regulatory environment. According to the report, released on Oct. 25, California business headquarters in 2021 left the state at twice their rate in both 2020 and 2019 and at three times their rate in 2018.”
The simple fact is, California has become far too expensive for most people to afford to live there any longer.
And this has driven hundreds of thousands of people to flee the state en masse.
What’s more, major companies are also picking up shop and moving to other states that protect property rights, uphold the rule of law, and have sensible tax and regulatory policies that make it possible to operate a business in the first place.
“Over the last three years, California lost 11 Fortune 1,000 companies, whose exits are expected to negatively affect the state’s economy.
“The authors say the growing exodus comes down to economics, ‘plain and simple,’ noting that state and local policies have raised business costs that are unmanageable. Consequently, businesses are choosing to move their headquarters to states with more favorable climates such as lower taxes and lower living costs.
“The exodus, according to the report, is happening across many industries, including manufacturing, aerospace, financial services, real estate, chemicals, health care, and high-technology businesses,” adds Fox Business.
Some of the prominent examples of companies that are fleeing California include major firms like Tesla, while other businesses like Starbucks and Walgreens are shutting down shops in the San Francisco Bay Area due to rising crime and near-daily thefts inside of their stores.
The end result has been one of the largest movements of people out of any U.S. state in history.