{"id":1676,"date":"2026-06-20T15:10:29","date_gmt":"2026-06-20T15:10:29","guid":{"rendered":"https:\/\/interstatelogisticshubs.com\/?p=1676"},"modified":"2026-06-20T15:10:29","modified_gmt":"2026-06-20T15:10:29","slug":"seattles-katie-wilson-goodbye-to-prosperity","status":"publish","type":"post","link":"https:\/\/interstatelogisticshubs.com\/?p=1676","title":{"rendered":"Seattle’s Katie Wilson: goodbye to prosperity"},"content":{"rendered":"
\n

With another socialist\u2014they\u2019re just communists-lite\u2014poised to become mayor of a major American city, we see yet again the wages of economic illiteracy and lawlessness. Jeneese Lewis George,\u00a0the hilariously branded \u201cdemocratic socialist\u201d candidate, will almost certainly be DC\u2019s next mayor, and is already promising to impose policies that have proved such a disaster for Seattle\u2019s new socialist mayor, Katie Wilson.<\/p>

Read more Research can prove anything\u2013even envy<\/a><\/p>\n

It was Wilson, whose policies have driven wealthy individuals and businesses essential to the tax base out of the state, who arrogantly waved \u201cbye\u201d to them: \u00a0<\/p>\n

\n

\"\"<\/figure>\n<\/p>\n

Graphic: X Post<\/p>\n

\n

While speaking at a forum at Seattle University earlier this month, the new Democratic mayor said, “I think the claims that millionaires are going to leave our state are like super overblown.”<\/p>\n

“And the ones that leave, like, bye,” she continued, waving her hand and laughing. Though the line drew laughs and applause from those in the auditorium, it did not go over as well online, as conservatives quickly blasted the new Seattle mayor.<\/p>\n

“Seattle’s Socialist Mayor responds to exodus of wealth from\u00a0Washington State\u00a0by saying “BYE” … then laughing. We’re doomed,” wrote Brandi Kruse.<\/p>\n<\/blockquote>\n

So it would seem:<\/p>\n

\n

\"\"<\/figure>\n<\/p>\n

Graphic: X Post<\/p>\n

Wilson is continuing, and worsening, disastrous economic policies that predated her ascension into office, and the consequences are as predictable as they are disastrous:<\/p>\n

\n

\u00a0[June 15]\u00a0compared Seattle’s status with its neighboring city, Bellevue, which has no comparable payroll tax or social housing tax, and found that while Seattle’s workforce and property values have shrunk, Bellevue’s has remained resilient.<\/p>\n

“[S]ince 2020, what we have seen in downtown Seattle is not a ‘jump start,’ but instead, a slowdown,” the report read. “Since being implemented, downtown Seattle has lost around 30,000 jobs. The office vacancy rate increased to 32% in the downtown core. And more than $10 billion in office value has been lost.”<\/p>\n<\/blockquote>\n

Seattle is leading the charge into fiscal disaster, while not all of Washington state is blindly following:<\/p>\n

\n

It continued, “Meanwhile, in Bellevue, dating back to 2020, the city has seen more jobs come to its core, lower office vacancy, and the stability of office building values. This provides a stark tale of two cities and two tax environments just miles apart.”<\/p>\n

The DSA reported that Bellevue experienced a 7% increase in assessed value compared to the 48% decrease seen in Seattle office properties. Though both cities have a sizable office vacancy rate since 2020, Seattle’s rate is also significantly higher at 32% compared to Bellevue’s 24%.<\/p>

Read more The UNRWA may finally be in trouble<\/a><\/p>\n<\/blockquote>\n

Wilson, who at 43 can only afford to live in Seattle thanks to financial support from her New York parents, remains oblivious to financial reality.\u00a0That seems to be a job requirement for blue city mayors and blue state governors.<\/p>\n

\n

“Seattle’s JumpStart Payroll Expense Tax is a key reason why the city was able to successfully bounce back from the worst economic impacts of COVID. Because of Seattle’s ongoing economic strength, this\u00a0tax on the highest salaries\u00a0paid by the largest corporations has raised far more money over the past several years than originally projected,” the mayor said.<\/p>\n

She continued, “JumpStart revenue is the key reason why the city has been able to avoid the negative impacts of the deep budget cuts which would have otherwise been necessary over the past few years, and which would have been a massive drag on our local economy.”<\/p>\n<\/blockquote>\n

\u201cA massive drag on our local economy\u201d such as chasing out the people and businesses, including Starbucks, that constitute a substantial, irreplaceable portion of the tax base? Seattle is in huge budget trouble:\u00a0<\/p>\n

\n

Seattle is facing a projected budget deficit of $488 million over the next three years. Mayor Katie Wilson, five months into the job and facing numbers\u00a0that are $113 million worse than what her predecessor left behind, went on the Seattle Channel last week\u00a0to explain how\u00a0the city got here.<\/p>\n<\/blockquote>\n

Wilson\u2019s budget director said Seattle wasn\u2019t spending beyond its means, except it was.<\/p>\n

\n

On election night, she [Wilson] told reporters, \u201cNo one saw this coming.\u201d<\/p>\n<\/blockquote>\n

Except pretty much everyone other than Wilson did. As Margaret Thatcher said, socialists always run out of other people\u2019s money, so \u201cbye\u201d to Seattle\u2019s budget and prosperity.<\/p>\n

Become a subscriber and get our weekly Friday newsletter with unique content from our editors.\u00a0These essays alone are worth\u00a0<\/em>the cost of the subscription.\u00a0<\/em><\/p>\n

Mike McDaniel is a USAF veteran, classically trained musician, Japanese and European fencer, lifelong athlete, firearm instructor, retired police officer, and high school and college English teacher. He is a published author and blogger. His home blog is<\/em>\u00a0Stately McDaniel Manor.<\/em>\u00a0<\/p>

Read more Watches make the man\u2013except when they don\u2019t<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

With another socialist\u2014they\u2019re just communists-lite\u2014poised to become mayor of a major American city, we see yet again the wages of economic illiteracy and lawlessness. 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