Corporations flee to red states for better business climate

FOX Business contributor Lou Basenese explains the ongoing "blue state exodus," where companies like Yamaha and ExxonMobil are leaving Democrat-led states.

Fox Business contributor Lou Basenese discusses the "blue state exodus," highlighting companies like Yamaha Motor Corp. and ExxonMobil relocating to states with lower taxes and better business climates. He contrasts Governor Kathy Hochul's August 2022 message for Republicans to leave New York with her March 2024 plea for wealthy individuals to return, emphasizing the financial spreadsheet over politics.