The Collapse Of Blue Cities: The Cost Of Liberalism Is Self-Destruction
Economist Stephen Moore’s latest findings are a sobering wake-up call. Major ‘blue’ cities in the US, like Seattle and Chicago, are in a dire state. Foot traffic, a lifeline for economic health, has nosedived. Moore attributes this alarming decline to a combination of rampant crime, oppressive taxes, and sheer administrative failure. These statistics are the death knell for the vibrancy these cities once boasted. As an economist, I see this as a clear indicator of a deep-rooted crisis. The question now is, can these urban centers reverse course, or are we witnessing their irreversible decline?
Study shows Seattle, Chicago, NYC, San Francisco foot traffic all down since pre-pandemic 2019
Foot traffic – and therefore economic activity – is plummeting most in Democrat-led cities, one economist and University of Toronto study concludes.
"It's almost all of these big blue cities. It's San Francisco, it's Oakland, it's Minneapolis. It's my home city of Chicago," economist Stephen Moore said on "Varney & Co." Monday. "These numbers are really distressing."
Cities run by Democratic mayors, including Cincinnati, Ohio; Houston, Texas; Raleigh, North Carolina; Chicago, Illinois; Portland, Oregon; Columbus, Ohio; Seattle, Washington; Minneapolis, Minnesota; Louisville, Kentucky; and St. Louis, Missouri, all rank in the bottom 10 of 66 metropolitan areas that have seen the least amount of foot traffic recovery since 2019, according to data from the University of Toronto.
The university’s "Downtown Recovery Rankings" measures the number of unique visitors via mobile device use from March to mid-June 2023, compared with the same time frame in 2019. Any number less than 100% indicates the city has not recovered to pre-COVID pandemic levels.
Other major players, like New York City, have only seen 66% of foot traffic recovery. Philadelphia ranks 49th at 67% recovery; San Francisco 48th at 67%; and St. Louis saw the lowest foot traffic recovery at 53%.
As a result, "it shows that there's about one-third less economic activity in the downtown area of these cities," Moore pointed out.
Originally published by: Kristen Altus on FOX Business