Just how much decay has Portland brought on itself over the past four years? At least $1 billion worth.
Multnomah County, Oregon, which is home to Portland, lost $1 billion in income between 2020 and 2021 according to a recent analysis. This can be chalked up to a combination of remote work during pandemic restrictions allowing people not to have to live in an expensive city as well as Portland’s radical embrace of regular riots throughout 2020.
The analysis only covers the losses between 2020 and 2021, which have almost certainly risen since then as Portland has fallen further into decay. Drug overdose deaths have become more prevalent, with a 210% increase in fentanyl-related deaths since 2020. The city saw a 50% increase in homelessness from 2019 to 2022, and the city’s population has decreased each of the last three years after growing for 30 years straight.
The first step to recovery for Democrat-run cities is to admit that you have a problem, but Portland is so tied to its “progressive identity” that it can’t even do that. If the overdose deaths, rampant homelessness, and decreasing population taking over $1 billion out of the area aren’t enough to break its progressive fever, Portland may truly be a lost cause.
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