Shark Tank star Kevin O’Leary announced Friday he is moving his companies out of a crime-ridden New York City described by"Mr. Wonderful" as a"war zone."
"It's not about politics at all," O'Leary said while discussing the move on Fox News."It's about policy. So, post-pandemic, most investors, me included, realized that we can headquarter our companies anywhere because 40% of our staff don't work at HQ anymore. So, I could take a company out of New York that looks promising, move it to Texas, Florida, North Dakota, Tennessee.
"So, I'm OK to say this because it's a fact. ... You never put a dime in New York. It's a horrible place for policy, horrible. Anywhere in the state, unstable policy.""Why would you put one of your CEOs in a place where they're going to be punished for success?" he asked."It's so un-American. I don't even understand it."
Voters need to address the management of Democratic-led cities such as Los Angeles and New York City because just going to the downtown area can get a person"executed," according to O'Leary."If you try and buy toothpaste in Los Angeles, San Francisco, or here in New York, it's under lock and key. Toothpaste," he said."The only reason a drug store would do that is they're losing so much in shrinkage.
"These are pragmatic problems. They're not really political in nature. They're policy in nature, and, so, people see this every day. They live with it, and they say to themselves, 'What do I have to do to fix this?' Well, think about it the next time you're voting."
Good for him & his employees! Staying safe & living wehere conditions are more suitable for good health & no state taxes!
… “is not about red or blue politics , but policy”…. wut 😟!? Is he afraid to recognize that policy comes from politics?, he’s moving his business from blue states to red state bc of policy based on politics 🤦♀️⚠️ just say it! instead of using a dumb take on what’s obvious 👎