Part of the problem is that when it comes to the wellbeing of a state, financially, one person is != to one person.
If corporations and highly-skilled/high-earning labor are moving out, and low-skill/immigrant labor is moving in, then you develop a major fiscal tax revenue gap that has to support more low-income neighborhoods with the tax revenue from fewer and fewer corporations and high tax individuals.
It can also have a snowball effect where people try to sell their homes before home prices fall further, or try to establish residency elsewhere before taxes are raised more.
In a way, the more we talk about it, the worse it can get. I suppose that's why the denials are so vocal.
If corporations and highly-skilled/high-earning labor are moving out, and low-skill/immigrant labor is moving in, then you develop a major fiscal tax revenue gap that has to support more low-income neighborhoods with the tax revenue from fewer and fewer corporations and high tax individuals.
It can also have a snowball effect where people try to sell their homes before home prices fall further, or try to establish residency elsewhere before taxes are raised more.
In a way, the more we talk about it, the worse it can get. I suppose that's why the denials are so vocal.