From The National Center <[email protected]>
Subject Looting, Lockdowns Lead Business to Flee the Liberal Metropolis
Date November 5, 2020 12:59 PM
  Links have been removed from this email. Learn more in the FAQ.
  Links have been removed from this email. Learn more in the FAQ.
Liberals have never been fans of the American ideal of manifest destiny. Imagine how they must feel now that the policies and attitudes...

View this email in your browser ([link removed])
[link removed]
Hello John,

Liberals have never been fans of the American ideal of manifest destiny. Imagine how they must feel now that the policies and attitudes for which they’ve been advocating are causing people to want to spread out.

It’s an urban sprawl nightmare, as Americans scorn the densely packed urban centers of the left’s fondest dreams.

[link removed] a Townhall commentary ([link removed]) , Free Enterprise Project ([link removed]) Deputy Director Scott Shepard ([link removed]) highlights how the Wall Street-centric financial sector in particular illustrates a new, successful and popular dynamic of getting work done outside of the traditional metropolitan hubs that are under the yoke of liberal dynasties.

While the old days forced people to live in and around Manhattan, Scott points out that “[t]rading and a great many investment-banking activities can proceed anywhere” these days:

While businesses have increasingly recognized throughout the century that improving technology has made remote work more attractive and increasingly both more productive and less costly to firms and workers than pointless daily travel to an office, that learning process was rapidly accelerated by the lockdowns. The more that employees can work from anywhere, the smaller the need for businesses to be anywhere in particular.

Prior to this year, urban centers such as Manhattan, San Francisco and nearby Silicon Valley “had famously grown impossibly expensive.” What’s worse, “they will grow even more untenable, as the governments ([link removed]) of those areas ([link removed]) … are all moving to significantly increase already crushing tax burdens, especially on those who already generate so much of their tax bases.”
[link removed]

When COVID-19 lockdowns were enacted and places like Manhattan became ghost towns, many employees also discovered that they enjoyed working remotely so much they don’t want to go back to town when the virus abates.

As a result:

The impetus to allow employees to relocate, if not to shift operations entirely, presses hard.

Oh, and then there were the Black Lives Matter riots:

[J]urisdictions that have maintained the longest and most brutal lockdowns, while – in a masterpiece of hypocrisy, scientific illiteracy, tyrannical malgovernance and unconstitutional discrimination by subject matter and viewpoint – also permitting essentially untrammeled “protesting,” often of the fiery and fighty kind that’s usually called riot. This combination renders these cities and states both unlivable and extremely dangerous.

If given a choice of working in a room with a view of pastoral splendor – as opposed to an open-air drug market or their hi-rise’s dumpster on fire – and sharing recirculated HVAC air with all of their neighbors, it’s no wonder New York Governor Andrew Cuomo is begging ([link removed]) residents to return and California is considering a tax increase ([link removed]) that follows people after they flee the state.

But it’s pretty simple to understand why there is this reckoning for the once-celebrated urban homesteading:

Given all of these factors, businesses – especially businesses significantly exposed to large and ill-governed cities – will face fiduciary obligations to study whether they would be better positioned in different locations. This obligation will not be limited to financial and tech companies. Any companies that have operations in these unstable and unsustainable locales that can reasonably be moved will have to decide whether they should. Many will have no choice but to conclude that they should, which means that they must.

Pleasing the blue collar workforce is also good for the white collar crowd. That’s why companies like Boeing are moving ([link removed]) manufacturing plants from places like pricey regulated Everett, Washington to cheaper friendlier North Charleston, South Carolina.

“Investors should monitor their companies’ managers… to make sure that they’re conducting these analyses, and doing so fairly, honestly and with full consideration of all factors, not just the ones that favor their pre-existing personal preferences,” Scott notes. “And employees endangered by forced continuation in dangerous locations have their own sets of options.”

Click here ([link removed]) to read all of Scott’s commentary – “Abandoning Broken Locales has Become a Fiduciary Obligation for Firms.”

[link removed] 2002, the National Center’s Center for Environmental Justice released an econometric study ([link removed]) on urban sprawl regulations. It noted ([link removed]) then that “[p]olicies to combat sprawl penalize minorities, the poor, urban families and the young.” The late Amy M. Ridenour ([link removed]) , then the president of the National Center, called it “the new segregation.” The study found that anti-sprawl regulations like those found in Portland, Oregon posed a clear and present danger to homeownership, caused rents to rise and did nothing to mitigate traffic concerns.
READ ON OUR WEBSITE ([link removed])
[link removed] Share ([link removed])
[link removed] https%3A%2F%2Fnationalcenter.org%2Fncppr%2F2020%2F10%2F14%2Flooting-lockdowns-lead-business-to-flee-the-liberal-metropolis%2F Tweet ([link removed] https%3A%2F%2Fnationalcenter.org%2Fncppr%2F2020%2F10%2F14%2Flooting-lockdowns-lead-business-to-flee-the-liberal-metropolis%2F)
[link removed] Forward ([link removed])
Help support The National Center
A gift to The National Center will be used to fund critically-important programs not offered by any other group, including:
* The Free Enterprise Project (FEP), the liberty movement’s only full-service shareholder and activism group that’s effective in pushing corporate America to the right;
* Project 21, the liberty movement’s only public relations agency for black conservatives and libertarians that has already created over 40,000 media opportunities;
* The Environment and Enterprise Institute (EEI), which counters misinformation being spread by the environmental left.

DONATE NOW ([link removed])

The National Center for Public Policy Research is a communications and research foundation supportive of a strong national defense and dedicated to providing free market solutions to today’s public policy problems. We believe that the principles of a free market, individual liberty and personal responsibility provide the greatest hope for meeting the challenges facing America in the 21st century.
READ MORE FROM THE NATIONAL CENTER ([link removed])

============================================================
CONNECT WITH US
** Twitter ([link removed])
** Facebook ([link removed])
** YouTube ([link removed])
** Website ([link removed])
Copyright © 2020 The National Center for Public Policy Research, All rights reserved.
You are receiving this email because you opted in via our website.

Our mailing address is:
The National Center for Public Policy Research
20 F Street NW
Suite 700
Washington, DC 20001
USA
Want to change how you receive these emails?
You can ** update your preferences ([link removed])
or ** unsubscribe from this list ([link removed])
.
Screenshot of the email generated on import

Message Analysis