Democrats have no doubt destroyed the state of California with their horrific left-wing policies, and now it seems massive businesses are fleeing the troubled state.
Geico is the latest example of California’s business climate no longer being suitable for companies as reports indicate the insurance giant has elected to close all 38 of their offices in the state.
The decision has resulted in hundreds of layoffs as the company continues to offer policies to Californians, but only via their website or mobile app suggesting it’s just become too expensive for them to pay employees enough to support the high cost of living in California.
The California State Department of Insurance is panicking as a result of the company’s departure, trying to convince the masses that nothing is wrong in the blue state while some have suggested the regulatory environment is just too difficult for companies to deal with.
Even more telling is that Geico is ONLY closing its offices in California offices and nowhere else, suggesting the company’s decision to abandon the 7th largest economy in the world has to be a direct result of the poor business environment.
But the issue for California is much larger than it may seem, in May of last year the state recorded its FIRST EVER population decline in recorded history as people flee the failed state for more free and prosperous red states like Texas, Arizona, and Florida.
To see how this could ultimately indicate a wider rejection of the Democrats’ failed policies, watch the video here.