“Shark Tank” star Kevin O'Leary said Tuesday that there is “competition between states” and that some states are winning based on how they operate.
O'Leary pointed to the names of major cities in blue states as struggling, including San Francisco, New York City and Chicago. The “Shark Tank” star cited illegal immigration and control as key factors in which state comes out on top. (Related article: 'Shark Tank' star says judge's ruling blocking Elon Musk's $56 billion salary should come before SCOTUS)
“Competition between states started five years ago, when all of a sudden taxes and inefficiencies and poorly run jurisdictions started to lose people, including San Francisco. “Yes, we can, and now California can say the same thing. We can count 1,200 license plates that change from New York to Florida every day,” O'Leary said. “And that's been happening anyway, even before immigration happened.”
Several retailers, including Whole Foods, Nordstrom, and T-Mobile, have closed stores in San Francisco, citing increased crime in the city. O'Leary previously criticized New York Attorney General Letitia James, saying the $354 judgment she won against former President Donald Trump is the reason he no longer invests in the state.
“More successful states like Tennessee (if you look at Nashville, it's the fastest growing city in America) have figured out how to provide goods and services on a very competitive basis. We found it,” O'Leary continued. “This is really about management, it’s really about management. Some cities are well-managed, some states are well-managed, some states are not so well-managed, but post-pandemic There's competition between states right now, and frankly I think that's healthy.”
O'Leary told Watters that immigration could be the “biggest issue” in blue cities like New York this fall.
“With nine and a half, 10 months left until the election, we recognize that the impact of this unresolved 2016 issue is hitting their jurisdictions directly, so this is probably the number one Both sides escalated this into a huge brawl, but this time it was back to home. ”
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“I mean, New York has had a lot of other issues lately, but this issue has risen to the top of New York's charts, and that's going to make New York's charts even more volatile, and in terms of the general election. It's going to be an interesting outcome,''' O'Leary continued.
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