“Shark Tank” investor and businessman Kevin O’Leary did not maintain again when criticizing Gov. Gavin Newsom (D-CA) throughout an look on Fox Enterprise.
Shark Tank’s Kevin O’Leary rips into California Governor Gavin Newsom
“He destroyed this place!”
O’Leary accused Newsom of turning California into “a model of Venezuela” and into the enterprise of killing “every thing.”
This harsh actuality is obvious, O’Leary says: “He’s a… pic.twitter.com/LcOLClsXqM
— The Vigilant Fox 🦊 (@vigilantfox) June 17, 2024
Rubio’s is closing 48 eating places in California, citing the state’s dire enterprise local weather. It’s Newsom’s “mannequin for the nation.” pic.twitter.com/BcNXUIcuXf
— Kevin Keeley (@kevinkeeleyCA) June 3, 2024
“This state’s informal eating sector has been destroyed by minimal wage coverage errors.” O’Leary stated. “They’re closing left and proper. I imply, Gavin Newsom made an enormous mistake. I believe he is aware of it now. He is turning this state right into a model of Venezuela, and it is simply killing enterprise. Not simply in eating places however in every thing right here. That type of capital goes to the extra aggressive states, and that is a very good factor, the competitiveness of America’s states.”
O’Leary additionally highlighted some crimson states which might be good for enterprise.
“You see what is going on on in Tennessee, Florida, Texas. They’re pulling all these firms that may’t make Gavin Newsom’s cash anymore. I can not be. Pay attention, I’ve met him. He is a pleasant man, however I am his. Cannot criticize coverage an excessive amount of he ruined this place it was.
As RedState’s Bob Hodge writes, California’s $20 minimal wage regulation is dangerous for enterprise and, sure, dangerous for employees. That is dangerous for companies as a result of they’ll both increase costs, negatively affecting shoppers and get fewer prospects, or they’ll don’t have any alternative however to depart the state. It is dangerous for employees due to layoffs as a result of some firms cannot afford various workers on the present minimal wage fee.
Between soft-on-crime insurance policies and better minimal wage legal guidelines, sure metropolis companies will battle to function except adjustments are made in November. It might begin with Nathan Hochman defeating Los Angeles District Lawyer George Gascon and prioritizing public security whereas punishing those that commit crimes.
It is no secret that Newsom’s insurance policies have been a catastrophe for Californians, and extra folks are actually overtly speaking about it. Resembling rap. As Kevin Kiley (R-CA) has typically stated, California will not be a mannequin for the nation however a warning to the nation.
The excellent news for Californians is that Newsom’s time period ends in 2026; Nevertheless, the present alternative will not be good.
But when entrepreneurs like David Sacks, Chamath Palihapitia, Elon Musk, and others donate to a common sense candidate towards any of the present front-runners, comparable to California Lawyer Normal Rob Bonta, Lt. Gov. Eleni Kounalakis, or Superintendent of Public Instruction Tony Thurmond, that challenger is a long time outdated. In could also be California’s finest probability to show it round — to a sure diploma, given the Democrat legislature — however some progress is best than extra setbacks.
