Valuetainment - ＂This Is DEADLY!＂ - Florida's SURGE Exposes NYC's MASSIVE $9 Billion LOSS

00:00:00.000 New York City lost $9 billion of income to Miami, Palm Beach in five years.

00:00:07.880 This is a Bloomberg story, so let's go through it.

00:00:10.380 A net 30,000 New Yorkers moved to Florida's Palm Beach and Miami-Dade County from 2018 to 2022,

00:00:16.920 taking $9.2 billion in income, nearly 20,000 people with a per capita income of $190,000

00:00:22.700 relocating to Palm Beach and over $26,000 per capita, income of about $266,000,

00:00:27.480 moved to Miami-Dade County, according to Citizens Budget Commission's report.

00:00:30.940 Within New York State, nearly 138,000 city residents relocated to Long Island,

00:00:36.220 reducing New York City's adjusted gross income by $11.1 billion,

00:00:40.140 while Westchester County gained almost 60,000 new net residents,

00:00:43.500 cutting the city's income by $5 billion.

00:00:45.740 Driven by factors like coronavirus pandemic, cost of living and quality of life concerns, 0.82

00:00:50.760 New York shares of U.S. millionaires dropped from 12.7 in 2010, damn, to 8.7.

00:00:56.480 That's a 33% drop-off, despite the numbers of millionaires in state,

00:01:02.280 nearly doubling to 70,000 as hirers, including millennials, left for the state,

00:01:05.360 Florida, California, Texas, with the top 1% of city's tax filers paying 40% of the income.

00:01:11.060 Again, I thought rich people don't pay taxes. 0.89

00:01:12.860 With the top 1% of city tax filers paying 40% of income taxes.

00:01:17.140 Adam, thoughts?

00:01:18.040 Well, this was something that I've been calling for years,

00:01:21.340 and it's just further proof that Miami slash South Florida is the best place in the world.

00:01:28.140 So when I was in the nightlife world back in the day,

00:01:31.060 I would always see these New Yorkers come every single New Year's,

00:01:35.180 and they would spend a ton of money, and then they would be like,

00:01:37.960 man, I love it down here.

00:01:39.760 I'm like, well, why don't you end up moving here?

00:01:41.820 Nah, I got to work.

00:01:43.000 I got jobs.

00:01:43.920 I got family.

00:01:44.960 I got all this.

00:01:45.300 And I was like, all right, very interesting.

00:01:47.480 So I would see, like, what's a game you would play back in the day

00:01:49.320 where you would almost, like, jump in, like, double dutch?

00:01:51.620 Double dutch.

00:01:52.040 You would be like, all right.

00:01:53.020 I would see these New Yorkers do this game of double dutch for years.

00:01:57.260 And then I'd be like, well, I didn't fully understand, like,

00:01:59.540 why they just wouldn't move down here.

00:02:01.520 And then it took a worldwide pandemic for people to be like,

00:02:05.820 what the hell am I doing in New York?

00:02:09.060 And I've seen what's happened over the last five years,

00:02:11.580 not even just from New York, from all over the country.

00:02:13.460 People are basically saying, I'm coming down.

00:02:16.300 Now, you can give a shout-out to Mayor Francis Suarez down in Miami.

00:02:19.740 You can give a shout-out to Governor Ron DeSantis.

00:02:22.520 You know, you give DeSantis shout-outs all the time.

00:02:24.860 Always.

00:02:25.080 Love the guy.

00:02:25.620 Try to get in boots.

00:02:26.820 You know, if you can work from anywhere,

00:02:29.660 why wouldn't you want to be in Miami, South Florida, Palm Beach, Mar-a-Lago,

00:02:35.040 Tom, your thoughts on this story.

00:02:36.440 Your thoughts on this.

00:02:37.420 Guess what?

00:02:38.360 Bad policies have consequences.

00:02:39.820 And New York's bad policies,

00:02:41.400 even people that do not want to move from the New York area,

00:02:46.360 they move to Westchester.

00:02:47.880 They move to Long Island.

00:02:49.100 So they're outside of New York City.

00:02:51.160 The issue here is New York City.

00:02:53.240 It's not New Yorkers.

00:02:54.460 It's not people in the Northeast.

00:02:55.900 It's not businesses in the Northeast.

00:02:57.540 It's NYC, New York City's management.

00:03:00.780 And this is what they get.

00:03:02.260 All of these folks have left,

00:03:03.680 whether they left locally,

00:03:05.000 $138,000 going to Long Island.

00:03:06.820 We know a few people out there.

00:03:08.080 And then $60,000 going to Westchester County,

00:03:10.680 which is up Pound Ridge area,

00:03:12.480 Armonk, bordering Connecticut.

00:03:14.920 And or you have the 50,000 people

00:03:18.000 with $190,000 and $266,000 average salaries.

00:03:21.620 It's bad policies in New York.

00:03:23.120 Move them all down here.

00:03:24.180 And you know what?

00:03:25.240 Whoever is the next mayor

00:03:26.440 is going to be looking for EBT cards

00:03:28.320 to give city employees.

00:03:29.680 Because this is deadly on the city budget.

00:03:35.700 New York City is about to become

00:03:37.780 a welfare recipient of New York State

00:03:40.060 and the federal government

00:03:42.100 worse than it has been.

00:03:43.760 Mark my words.

00:03:44.740 And I don't mean that to sound harsh, Pat.

00:03:46.220 But New York City is about to turn itself

00:03:48.660 into a welfare queen 0.95

00:03:50.780 looking for money from other people.

00:03:52.880 Because bad policies have consequences.

00:03:55.440 And whether it's local or Florida,

00:03:57.320 its own residents are leaving.

00:03:58.880 Who are they talking about

00:04:00.220 running for governor, Rob, in New York?

00:04:01.780 Was it Stefanik or was it Zeldin?

00:04:03.260 Yes, Elise Stefanik.

00:04:04.480 Stefanik.

00:04:04.800 And she didn't want to,

00:04:05.560 she was kind of like,

00:04:07.600 I don't want to talk about

00:04:08.440 that type of situation.

00:04:09.540 PBD, I want to get your perspective.

00:04:10.900 Is this the one?

00:04:11.160 Let me see this.

00:04:11.580 This is her tweet

00:04:12.400 in response to Mike Johnson.

00:04:14.260 Got it.

00:04:14.600 Speaker Mike Johnson saying

00:04:15.440 he's having conversations

00:04:16.300 with Stefanik and Lawyer

00:04:17.380 about running for governor.

00:04:19.360 If either Lawler or Stefanik run,

00:04:20.980 they will have to give.

00:04:22.460 I don't know what the rest is.

00:04:23.280 This is not true.

00:04:23.900 I have had no conversation

00:04:24.880 with the speaker

00:04:25.440 regarding the governor race.

00:04:26.380 Looking forward to the conversation

00:04:28.300 about SALT with New York members tomorrow.

00:04:31.060 Stay tuned.

00:04:31.800 State and local taxes.

00:04:33.100 What do you think about that?

00:04:33.920 What do you think about

00:04:34.520 correcting Speaker Johnson?

00:04:36.740 Well, did Speaker Johnson say that

00:04:38.200 or did that guy post that?

00:04:39.720 Speaker Johnson said it?

00:04:41.280 Yeah, because it said...

00:04:41.980 Well, let me tell you,

00:04:42.720 I don't know.

00:04:43.440 Can you go back to the post, Rob?

00:04:44.720 It's like she's trying to stay neutral.

00:04:45.440 See, look, that's Jane Sherman saying... 0.98

00:04:47.380 Well, listen, I would...

00:04:49.180 No, no.

00:04:49.440 The proper protocol is not that step.

00:04:51.820 Here's what I'm doing if I'm her.

00:04:53.220 My opinion.

00:04:54.460 First, you call Speaker Johnson

00:04:55.920 and you say,

00:04:56.940 hey, is this true that you said this?

00:04:59.580 I never said that.

00:05:00.800 Would you mind tweeting that

00:05:02.940 and I'm going to retweet that?

00:05:05.340 So if you work,

00:05:08.180 you're a phone call away from anybody, Stefano.

00:05:10.040 You can call Speaker Johnson.

00:05:11.200 So if that didn't happen,

00:05:12.540 then there's either a riff.

00:05:14.920 Did Speaker Johnson respond to this

00:05:16.540 or say anything about this, Rob, or not?

00:05:18.080 After look, I didn't see anything last night.

00:05:19.980 She is calling out Speaker Johnson.

00:05:21.900 That's a call out to Speaker Johnson

00:05:23.540 because the proper protocol

00:05:25.420 would be for Speaker Johnson

00:05:26.560 to tweet about the fact

00:05:27.340 that I never said this.

00:05:28.500 If you never said it,

00:05:29.400 you're the one that's supposed to say

00:05:30.400 I never said something like this.

00:05:31.760 Yeah.

00:05:32.500 And Pat, just out of curiosity,

00:05:34.320 for the New Yorkers, Tom,

00:05:35.440 and the Californians

00:05:36.060 and all these people in these states

00:05:37.660 that it's the leadership,

00:05:39.240 it's the policies and everything,

00:05:40.720 at what point,

00:05:42.000 because you guys,

00:05:42.640 you can't feel sorry for them anymore

00:05:44.140 because you keep voting in

00:05:45.960 these same leaders.

00:05:47.220 And staying there.

00:05:48.080 And you keep staying there.

00:05:49.420 And then what?

00:05:49.860 You're like,

00:05:50.120 oh, I can't take it anymore.

00:05:51.100 And then you leave.

00:05:51.880 It shouldn't be like that.

00:05:52.920 You should be voting in the people

00:05:54.840 that you want to run the state

00:05:56.720 the way it's supposed to be.

00:05:57.780 Why the hell are you leaving?

00:05:59.320 Why are you, 0.97

00:06:00.000 you know what I mean? 0.99

00:06:00.740 Like, keep voting for these freaking people. 0.99

00:06:02.500 And then you leave. 0.99

00:06:03.700 And it's like,

00:06:04.100 oh, well, we have to leave. 1.00

00:06:05.260 And you abandon your freaking state. 0.99

00:06:06.980 Well, it's also victimhood. 0.97

00:06:07.860 Victimhood can go from billionaires

00:06:09.160 all the way down to people on welfare.

00:06:11.760 Victimhood can go all the way,

00:06:13.040 all the way around the world.

00:06:14.620 And what you have is these people

00:06:16.360 that are, you know, victim.

00:06:18.500 Oh, it's because of Trump.

00:06:19.360 It's because of this.

00:06:20.280 Well, you may have the money to write it out.

00:06:22.040 And maybe you stay there

00:06:23.040 because you just don't want to leave.

00:06:24.100 You got family, friends,

00:06:25.060 you got everything there.

00:06:25.760 You got your life there.

00:06:26.640 And you just don't want to leave.

00:06:28.200 But what you're not is honest.

00:06:30.140 You're not honest about it.

00:06:31.320 You're not saying,

00:06:32.280 look, I voted for this

00:06:33.580 and this is not what I wanted.

00:06:34.920 And this is not the New York

00:06:36.100 that I grew up in.

00:06:36.900 This is not the New York

00:06:37.800 that I want to live in.

00:06:39.120 I said that about Los Angeles

00:06:40.620 and said, but you know what?

00:06:42.600 I'm going to stick it out

00:06:43.420 and I'm going to stay here

00:06:44.000 and I've got the resources to do it.

00:06:45.360 That would be honest.

00:06:46.820 But then criticize,

00:06:47.820 oh, it's Trump, it's Trump, it's Trump.

00:06:49.060 And blaming other people

00:06:50.200 and blaming everything else

00:06:51.840 and then staying there

00:06:53.260 in the middle of it

00:06:53.820 with non-answer

00:06:54.740 or just howling at the moon.

00:06:56.380 You know what?

00:06:56.820 Let me tell you,

00:06:57.780 a friend of ours came

00:06:58.760 and we had dinner with him.

00:07:00.060 You met him, Bobby.

00:07:01.120 Love him.

00:07:01.660 Right, love him.

00:07:02.380 Phenomenal guy.

00:07:03.020 So he came

00:07:03.620 and we had dinner with him.

00:07:04.880 And I told him,

00:07:06.560 I said, every week

00:07:08.980 I meet an Armenian family

00:07:10.840 that says, Pat,

00:07:12.120 I watched the podcast,

00:07:13.780 the video that you did,

00:07:14.680 10 reasons why you left California,

00:07:16.480 you came to Florida

00:07:17.580 and we're coming here.

00:07:19.400 I see Armenians every,

00:07:21.740 you know what kind of Armenians?

00:07:23.320 Business owner Armenians,

00:07:24.680 hardworking Armenians,

00:07:26.000 conservative Armenians,

00:07:27.080 independent Armenians.

00:07:27.980 I'm not talking about 0.99

00:07:28.440 the woke, left, crazy Armenians 1.00

00:07:29.820 in Glendale 0.99

00:07:30.260 that should stay in Glendale.

00:07:31.380 Yeah, please.

00:07:32.020 I'm talking about

00:07:32.660 those types of Armenians

00:07:33.640 and you know what city

00:07:34.640 is going to become

00:07:35.280 the Glendale of East Coast?

00:07:37.280 Boca Raton.

00:07:38.640 You're going to see,

00:07:39.500 Armenians are going to love

00:07:41.160 Boca Raton.

00:07:43.060 Safe.

00:07:43.980 They got million dollar homes

00:07:45.280 on the water property,

00:07:46.440 50 million dollar homes.

00:07:47.360 They got $300,000 homes,

00:07:48.700 $500,000 homes.

00:07:49.480 Large, fully established

00:07:50.600 Orthodox church?

00:07:51.580 Large, fully established

00:07:52.840 Armenian Orthodox,

00:07:53.740 I think it's a Catholic church

00:07:55.000 if I'm not mistaken.

00:07:55.880 It could be an Orthodox church,

00:07:57.060 but there's an Armenian church there.

00:07:59.020 Big community, safe.

00:08:00.680 You're going to see this.

00:08:01.940 Watch in the next

00:08:03.000 five to ten years.

00:08:04.040 They're going to end up here.

00:08:05.260 They're coming.

00:08:05.740 The performers,

00:08:06.300 they're coming.

00:08:07.260 A lot of them are coming now.

00:08:09.200 Boca Raton will be

00:08:10.440 the Glendale of 20 years ago.

00:08:11.920 Not today's crazy Glendale.

00:08:13.180 Yeah.

00:08:13.800 Glendale of 20 years ago,

00:08:15.180 it'll happen

00:08:15.640 because Boca's got

00:08:16.560 the mixture of Beverly Hills

00:08:17.880 and a mixture

00:08:19.520 of Glendale together.

00:08:20.600 You've got all the shops,

00:08:21.600 the malls,

00:08:22.140 the water,

00:08:22.700 the country club,

00:08:23.560 the freaking Michael Dell 0.57

00:08:24.800 that turned the Waldorf Astoria

00:08:26.160 into an incredible property,

00:08:28.000 the Boca Raton Resort

00:08:29.000 that's un-freaking-believable,

00:08:30.580 that Tony Robbins,

00:08:31.200 does his events there.

00:08:32.980 It's a beautiful property.

00:08:34.580 It's an absolute beautiful property.

00:08:36.340 But watch Armenians 1.00

00:08:37.540 move to Boca.

00:08:39.320 Armenians,

00:08:39.980 very simple.

00:08:45.660 By the way,

00:08:48.100 Kamala Harris is next.

00:08:49.400 You're welcome.

00:08:50.360 She's going to be

00:08:51.000 your governor soon

00:08:51.740 the way this is happening.

00:08:53.140 She said a couple words,

00:08:54.060 but I'm telling you

00:08:54.660 for Armenians,

00:08:55.460 for those of you

00:08:56.920 who say,

00:08:57.800 well,

00:08:57.900 I would never do da-da-da-da.

00:08:59.520 Come for four days.

00:09:01.320 Bring your family.

00:09:02.760 Stay at the Boca Resort.

00:09:04.540 Go to all the restaurants.

00:09:06.620 Go to all the places.

00:09:08.440 Golf.

00:09:08.900 Go to Palm Beach.

00:09:09.780 Go take your family to Miami.

00:09:11.320 See what happens.

00:09:12.260 I'm telling you,

00:09:13.660 you will fall in love

00:09:15.540 with Boca Raton.

00:09:17.300 It's a phenomenal city,

00:09:18.620 and a lot of Armenians

00:09:20.100 that are business owners,

00:09:21.460 they're going to love that area,

00:09:22.580 raising their kids' safety,

00:09:23.720 values,

00:09:24.140 principles,

00:09:24.620 all of that stuff.

00:09:25.380 Well,

00:09:25.500 I think there's a great template

00:09:26.620 for what you're saying right now,

00:09:27.600 because you know who

00:09:28.420 is the number one culture

00:09:30.160 in Boca right now?

00:09:32.200 It's the Jews. 1.00

00:09:33.560 They love Boca.

00:09:35.240 So it's a good template right here

00:09:36.440 with the Armenians

00:09:37.260 and the Jews getting along.

00:09:38.900 Baruch Atah Adonai Eloheinu.

00:09:39.760 For many times.

00:09:40.380 Of course.

00:09:40.880 You got Beverly Hills,

00:09:42.080 you got Santa Monica,

00:09:43.100 that's also a lot of Armenians.

00:09:44.400 I don't know.

00:09:45.720 So this Lemon campaign

00:09:47.080 that we launched on Thursday

00:09:48.260 with the box,

00:09:49.540 okay,

00:09:49.780 that was launched,

00:09:50.460 that all of you guys,

00:09:51.500 you know,

00:09:51.660 many of you saw,

00:09:53.220 those of you that didn't,

00:09:54.240 and this box that's being shipped

00:09:55.580 to people who are going through

00:09:56.620 a lot of different things today

00:09:57.740 to make their day.

00:09:59.240 When life gives you lemons,

00:10:00.820 make lemonade with a lemon hat in it

00:10:02.740 and a presentation

00:10:03.420 with a video of me speaking to them,

00:10:05.640 giving them a message here.

00:10:07.080 I'm going to press pause here.

00:10:09.020 There was so many accountants.

00:10:11.860 One accountant sent it to 11 clients,

00:10:14.280 lawyers,

00:10:15.200 realtors,

00:10:15.900 insurance folks using it.

00:10:17.640 But then we had a chance

00:10:18.700 to read the note

00:10:19.600 of what some people were writing

00:10:21.060 to their clients.

00:10:22.640 I'm not going to give the names.

00:10:23.780 I just want to read the notes to you.

00:10:25.020 It was so,

00:10:25.980 our staff is,

00:10:26.780 when I'm reading this,

00:10:27.620 our marketing team,

00:10:28.560 they're in tears.

00:10:29.880 Literally,

00:10:30.320 when I'm reading this to them,

00:10:31.740 I'm not going to say the name,

00:10:33.580 okay,

00:10:34.340 they put the name there.

00:10:35.600 It then says,

00:10:36.400 sending you some love

00:10:37.500 to help lift your heart up today

00:10:39.360 and wanted to say,

00:10:40.760 again,

00:10:41.160 how sorry I am

00:10:42.180 with Susan's passing.

00:10:43.380 I hope this cheers you up,

00:10:45.140 your spirits,

00:10:46.120 just for a moment.

00:10:46.980 I love you,

00:10:47.760 sister.

00:10:48.300 And always remember

00:10:49.380 to move forward.

00:10:50.280 Flowers don't happen 1.00

00:10:51.080 without rain.

00:10:52.040 Love you always.

00:10:53.240 The name is in there.

00:10:54.620 Are you kidding me?

00:10:55.940 Okay.

00:10:56.380 Then it goes here,

00:10:57.380 me and you forever together.

00:10:59.240 Put your goals

00:10:59.900 always in front of you.

00:11:01.180 Surround yourself

00:11:01.700 with one quality,

00:11:02.580 with people you become,

00:11:04.360 who you're with.

00:11:05.280 Thank you for your friendship.

00:11:06.420 Here's another one.

00:11:07.020 Love you, brother.

00:11:08.060 Hope you like this.

00:11:09.000 Greatest podcast ever.

00:11:10.340 You not only being a father,

00:11:12.220 a husband,

00:11:12.920 and a brother,

00:11:13.620 you are also a policeman.

00:11:15.420 You have so much

00:11:16.540 you deal with

00:11:17.100 on a day-to-day basis,

00:11:18.200 but you still show up

00:11:19.080 for your family.

00:11:19.700 I not only love you,

00:11:21.420 I respect you.

00:11:22.580 I'm telling you,

00:11:23.460 the more I was reading

00:11:24.420 these notes,

00:11:25.120 the more emotional

00:11:26.240 we were getting ourselves.

00:11:27.760 I love the fact

00:11:29.540 that the value-tame

00:11:30.660 and audience

00:11:31.360 is taking time

00:11:33.000 to order something,

00:11:34.740 to ship to somebody else,

00:11:36.060 to make their day.

00:11:37.340 How awesome is this

00:11:38.760 that we're doing this?

00:11:39.680 So for all of you guys

00:11:40.540 that placed the order,

00:11:41.860 I love the fact

00:11:43.020 that you're doing this.

00:11:43.800 We're wired

00:11:44.240 the same exact way.

00:11:45.600 You can pick

00:11:45.940 and choose the hats,

00:11:46.740 whether it's the white one,

00:11:47.660 the black one,

00:11:48.140 or the green one

00:11:48.660 when you're sending out

00:11:49.460 to them.

00:11:50.340 There's still a few left

00:11:51.200 if you haven't done it yet

00:11:52.280 on the Lemon Campaign,

00:11:53.680 especially with everything

00:11:54.280 that people are going on

00:11:55.120 right now.

00:11:55.380 Go to vtmerch.com,

00:11:56.340 place your order.

00:11:57.480 And then also,

00:11:58.240 for the mothers out there,

00:12:00.220 you asked for it,

00:12:01.180 we wanted to do it.

00:12:02.260 We know this audience

00:12:03.240 is 80% men,

00:12:04.880 but 20% women. 0.96

00:12:06.060 It used to be 90%

00:12:07.140 of female audiences

00:12:07.920 growing in a major way.

00:12:08.940 Rob,

00:12:09.060 if you want to play the clip,

00:12:10.420 Mother's Day is around

00:12:11.120 the corner next week,

00:12:12.000 and we got a bunch

00:12:12.740 of VT Mom gear,

00:12:15.860 stuff that's out there.

00:12:16.980 You know,

00:12:17.280 Mama,

00:12:17.980 today I love you.

00:12:18.960 VT Mom,

00:12:19.980 future looks bright.

00:12:21.100 Here's one that I like a lot

00:12:22.320 that's also on the site,

00:12:24.060 VT Mama.

00:12:24.940 This is another one

00:12:25.680 that we have.

00:12:28.200 Value Tame and Mama 0.84

00:12:29.300 that we got out there.

00:12:31.180 It's awesome.

00:12:32.080 So,

00:12:32.420 you know,

00:12:32.800 we wanted to make sure

00:12:33.740 that men,

00:12:35.340 ladies typically 0.97

00:12:36.040 do the shopping for us.

00:12:37.120 We're not good

00:12:37.540 at this stuff.

00:12:38.580 Go place an order

00:12:39.720 for mothers out there 0.96

00:12:41.220 that are doing

00:12:41.840 the right thing.

00:12:43.220 They're going out

00:12:43.780 of their way,

00:12:44.280 and you're seeing

00:12:44.660 how hard they're working.

00:12:45.940 Every order you place,

00:12:47.100 they're going to get

00:12:47.520 a VT Mom keychain,

00:12:49.660 and then if you place

00:12:50.380 an order above $100,

00:12:51.520 it's the VT Mom keychain

00:12:52.540 plus this mug

00:12:54.240 that says VT Mom,

00:12:55.400 and it explains

00:12:56.020 a sophisticated achievement

00:12:57.340 that is always there

00:12:58.260 for you no matter what.

00:13:00.160 Moms,

00:13:00.840 love you.

00:13:02.180 Place an order

00:13:03.020 for the mothers out there

00:13:04.400 that watch PBD Podcast

00:13:05.480 and Valuetainment.

00:13:06.480 If you enjoyed this video

00:13:07.320 and you want to watch

00:13:07.840 more videos like this,

00:13:08.760 click here,

00:13:09.120 and if you want to watch

00:13:09.840 the entire podcast,

00:13:11.480 click here.

Valuetainment - May 02, 2025

＂This Is DEADLY!＂ - Florida's SURGE Exposes NYC's MASSIVE $9 Billion LOSS

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