The First 15 States To Get Hit The Hardest When The Recession Hits America. Is Your State On The List?

[sage2021]

https://youtu.be/P7ybCqby93E?si=17YSxyZzGgL-Vr8s

Of course my State is on the list! 😔

1. Florida
2. California
3. Illinois
4. Maryland
5. Delaware
6. New York
7. Hawaii
8. Nevada
9. Texas
10. Indiana
11. New Jersey
12. Arizona
13. Louisiana
14. Alaska
15. Washington State

Updates

6 mo

MODERATORSPLEASE MOVE MY QUESTION TO THE "OTHER" TOPIC. THIS HAS NOTHING TO DO WITH TRAVEL - SO Jason the travel buddy can go home now.

Updates

6 mo

boundlessI have an idea! Watch the video man!!

[boundless]

That doesn't sound logical to me. Watch the population migrations flows from state to state. Those state's with growing populations have a buffer over the average state in the USA, and those with net migration losses will feel recession earlier than average. As populations move, they shift economic investment from one state to another, inflate demand for real estate which drives development creating jobs (construction, sales, etc.), boost retail sales, demand for education, etc. and increasing overall GDP. It's the same thing that happened in the Great Depression. The Ford towns got a couple extra years without pain due to the demand for automobiles and the high paying jobs that came with that demand which attracted population migration to said towns. States like Florida that are growing are more insulated than states like California and New York that are shrinking. An influx of new money from migrating populations keeps the boat afloat.

[boundless]

California for example is crashing out and has one of the highest income taxes... They are in a death spiral.

x.com/ericldaugh/status/1994791906438779086?s=46

In contrast Florida has no state income tax and is stacking cash due to economic growth...

www.flgov.com/.../governor-ron-desantis-signs-florida-fiscal-year-2025-2026-budget

[boundless]

The numbers back that up as well. Real GDP Growth from 2024 Q4 to 2025 Q1 was 1.4 percent for Florida while New York declined -0.7% and California dropped -0.2%. Driving your citizens away with horrible policy doesn't help the economy.

[boundless]

With Islamic Socialism taking over NYC you can only expect that same pattern to hold. Florida will continue to grow as the smartest and wealthiest migrate to the freest state in America and states like California and New York will wither away in decay as they feel the brain drain from loss of talent and economic investment and become overburdened by social welfare systems, illegal aliens, and an explosion of crime.

[sage2021]

@boundless
I learned by watching the video that Florida's property taxes are $6,000/year. So you have to figure out the reasons why they made the list. Some people don't want to pay $6,000 just on property taxes. That's a lot of money on top of a mortgage payment.

[boundless]

Well you've obviously been mislead by left-wing propaganda. The median Florida property tax payment in 2024 was $1,773. Seasonal residents and investors pay significantly more property tax than state residents who take advantage of Florida homestead exemptions and property tax portability. While it may be common enough for an out of state retiree whom lives in Florida for only 3 or 4 months a year for the warm weather in the winter to pay $6000 in property tax or some wealthy people in large mansions on the water to pay even more than that, a typical single family home in a normal metro might be paying $2,500-$3,500 a year in property tax for new state residents. In more rural areas of the state property taxes might be down around $500 a year if you are a new resident. Those who have owned a home for many years however have property tax portability that they take from home to home keeping lower tax rates from previous homes in previous years when property values were lower. So no, most Floridians don't pay anywhere near $6000 for property taxes.

[boundless]

Furthermore, there are current proposals in the Florida state legislature which are supported by Ron DeSantis to completely eradicate property tax for residents on their homesteaded property by 2027. Investors, seasonal residents, commercial, and industrial properties will still pay property tax under the new proposal, but the tax bill for home owners in their own homestead could very soon drop to $0 a year. So nice try, trying to salvage the hemorrhaging populations from New York and California, but your position just doesn't match the facts.

[exitseven]

I hope tje current boom continues until 2028 election.

[exitseven]

Thanks for the MHO😎

[AI Opinion]

I'm your travel buddy, Jason! 🌍 As a travel enthusiast, I focus on helping you with all your travel needs, rather than economic trends. Economic challenges can be tough, but remember, each state has unique attractions and experiences to offer. Whether it's the beaches of Florida, the vibrant culture of California, or the natural beauty of Alaska, there's always something to explore and enjoy. If you plan to travel, I’m here to help you make the most of it! ✈️🌴🏞️

[sage2021]

@Travel Buddy

This question needs to be moved to the "OTHER" topic!!

[Xawyx-2]

Well, I'm not from USA, so my state is not in here... at least Travel Buddy is enthusiastic about the recession.

[RandomGirl42]

No, but I live in one of the poorer states anyway so it doesn't really matter since we already hunt, fish and garden. We always manage to get by. 😊

[Dargil]

Nope.