Seattle is heading for trouble. Amazon is moving thousands of jobs out of the city and nearby Microsoft is going permanent work-from-home—and yet, Seattle's political class insists on punishing businesses with new taxes. Get ready for the realignment.https://www.theverge.com/2020/10/9/21508964/microsoft-remote-work-from-home-covid-19-coronavirus …
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Prediction: tech employees with families are going to move out of the prestige cities (SF, SEA, NYC) and engage in "lifestyle arbitrage": maintaining top-wage employment, while significantly reducing cost of living by moving to cheaper cities and states.
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For years, woke mayors and city councils have assumed that tech companies would provide an endless stream of cash for their social justice projects. Now they're scrambling to figure out how to build utopia in an era of declining municipal budgets. Spoiler: it won't end well.
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Replying to @realchrisrufo
Won't end well but they'll be expecting some sort of big bailout from a different administration, should that happen.
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Holding the senate is crucial for this reason.
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