Reuters is reporting on what's happened to the New York City population in the wake of the

coronavirus. Millions of people have moved out of the city during the pandemic, but millions

of other people have moved in. The problem for New York is those who left took their money with them.

After examining the data about those moving out and those moving in, a location analytics

company says those who departed cost New York $34 billion in lost income. The wealthy have gotten

out. They're gone. And the people moving in, oh, they're poor. The three and a half million

people who've moved into the city have lower average incomes than the escapees. Now, this

going to have lasting consequences for New York. Everything from real estate to retail businesses

will be negatively affected, not to mention less tax revenue for elected Democrats to spend.

Now yesterday, I told you that Governor Cuomo and Bill de Blasio want to shut down New York's

economy yet again, which will increase job losses, business closures, and the number of people

who can afford to leave leaving. Shutdowns have consequences and another shutdown means another

disaster for a city that literally cannot afford another one. But at least there will be more poor

people than ever moving in. A silver lining, I guess, delivers they claim to love them, they claim

to want to protect them, so have at it.