Governor DeSantis’s policies targeting the LGBTQ community, restricting academic freedom, and banning diversity programs have negatively impacted Florida’s economy. Several organizations have canceled conventions and events in Orlando due to concerns over DeSantis’s “anti-woke” agenda, resulting in an estimated $20 million loss in revenue for the state. Despite this, DeSantis’s spokesperson dismissed the economic impact as a “media-driven stunt.” However, boycotts in the past have caused enough economic pain to lead to policy changes, so organizations avoiding Florida are doing the right thing by not spending money there while these policies remain in place.
CoL may be higher, but wages are usually higher as well. That was a big thing at the height of everybody working remotely. People were working for companies in high CoL areas but moving to cheaper places for the pay raise it provided.