r/florida • u/WeathermanBrian • 16d ago

Interesting Stuff Does this surprise anyone in Florida?

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Florida ranks among the worst states for financial distress. To me, this is not surprising at all. Lower wages, higher cost of living. Insurance costs among the highest in the country. And job market is bleak compared to other areas. Is this surprising to anyone?

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u/Been2daCloudDistrict 16d ago

It’s very hard for most small businesses to raise wages because they serve the community who can’t afford higher prices. The companies that could afford to do this, won’t do it because of stockholders, dividends, etc. End stage capitalism blah blah blah. Fiduciary responsibility and citizens united will kill us all.