Gov Shack No. 64: Why are Companies Leaving New York? LIVE Talk & Fundraiser!

LIVE on The Gov Shack — Why are so many companies leaving New York? Today we’re breaking down a growing concern: major employers like Wells Fargo and Target are downsizing or shifting operations out of the state. What’s driving this trend—and what does it mean for New York’s economy, jobs, and future?

Is it high labor costs, strict regulations, rising commercial rent, taxes, or a combination of all of them? Are businesses simply chasing lower costs in other states, or is there a deeper structural problem in how New York is governed? And how is Kathy Hochul responding to this economic shift?

We’ll explore business migration, economic policy, cost of living, workforce challenges, and regulatory pressure in New York. Why are companies choosing states like Texas or Florida over New York? What happens to local communities when jobs disappear? And most importantly—what can actually be done to reverse the trend?

I’ll review a video, break down the real causes, and share my ideas for creating a pro-growth, pro-worker New York that keeps businesses—and people—from leaving.

Join the LIVE chat for questions, comments, and real solutions.

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