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Florida Chamber CEO reveals ‘secret sauce’ behind economic boom as blue states enter ‘death spiral’

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Florida Chamber CEO reveals 'secret sauce' behind economic boom as blue states enter 'death spiral'

Behind Florida’s fine sand beaches and bright green palm trees, a roaring and thriving economy isn’t just running on sunshine; it’s a direct result of a “secret sauce” that combines aggressive private-sector growth with a stark fiscal contrast to the policies of high-tax, Democratic-led states.

While hubs like New York and California descend into what Florida Chamber of Commerce President and CEO Mark Wilson calls a “death spiral,” the Sunshine State is officially open for business as a global superpower. With more than $4 million in wealth flowing across its borders every single hour, Florida has leapfrogged Spain to become the 15th-largest economy in the world — and Wilson says the state is just getting started.

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“Part of the secret sauce in Florida is that we’re all on the same page,” Wilson told Fox News Digital. “The business community, our elected leaders, we understand that economic growth — growing the private sector and shrinking the public sector — that’s good for everyone in Florida. So we have 23.5 million people here, and we want to create economic opportunity and good jobs for everyone who wants to be in Florida.”

“I always say, if Florida was a stock, I’d be investing everything I had in it. It’s because of our economic diversification strategy and our focus on growing business and growing jobs,” he continued.

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Wilson provided the most current statistics around Florida’s population and wealth migration, which began in the early post-pandemic period. The number of new residents moving to the state every day has decreased from a peak of 1,000 to between 500 and 600 people, while the amount of income has remained the same at just over $4 million, “24 hours a day, nights, weekends, holidays included.”

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Welcome to Florida sign with palm trees

Through 2030, Florida is expected to welcome 500 to 600 new residents per day. (Getty Images)

The Chamber’s 2030 blueprint aims to raise Florida’s economy to a top-10 spot by that landmark year, and Wilson remained confident in the state’s ability to accomplish that goal, noting the state is reportedly close to surpassing Australia for 14th place.

“Florida leads the nation by a country mile [in income migration],” Wilson said. “States like New York, Illinois, and California are losing over 1 million dollars an hour of income. And so, if you look at the death spiral that New York is right now, for example, New Yorkers are looking at increasing income taxes, they’re looking at increasing property taxes. Of course, Florida doesn’t have an income tax.”

“The big economics lesson in America right now is Florida’s tax revenue’s up… our tax rates have gone down. But people are relocating to Florida, they’re moving their businesses here, they’re investing in our communities… that’s actually driving additional tax revenue,” he added.

Specific failures of these high-tax states go beyond the economics, as Wilson also responded to numerous reports in the new year that many prominent California billionaires and business leaders — Larry Page, Sergey Brin, Mark Zuckerberg and others — have moved to Florida, and critics of wealthy movers.

“A lot of people ask us, what’s the secret to Florida’s success? And at the Florida Chamber, we believe that no one else is responsible for Florida’s success except for Florida,” Wilson noted. “We have to look at everything from kindergarten readiness to, how do we cut childhood poverty in half? How do we make sure we have the best education system in the nation, the best legal climate, tax climate, regulatory climate, and the best quality of life of anywhere on the continent? And that’s exactly what Florida’s done.”

MARK ZUCKERBERG BECOMES LATEST CALIFORNIA BILLIONAIRE TO RELOCATE TO FLORIDA AMID TAX CONCERNS

“People of all incomes, of all different backgrounds are relocating to Florida to work, to retire, to learn, to take advantage of our education system… Florida is literally a land of opportunity where everyone can succeed. We’re so grateful to have all of these billionaires moving into Florida because they bring their businesses with them, they invest in communities,” he explained.

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“Florida’s actually delivering on the promise of freedom and free enterprise. If you’ve got a family that wants to thrive or a company that wants to thrive, I think people are realizing Florida’s not just this idea and experiment. We’re actually doing it and it’s working, and I think that’s what’s most gratifying to me.”

– Mark Wilson

“These billionaires believe that Florida can do this, and they want to be here to take advantage of the innovation, the creativity, the resiliency, the growth opportunity that we have here in Florida. And states like California, Illinois, New York, New Jersey — they’re literally killing innovation. They’re literally putting a lid on these types of opportunities that really make America as good as it is.”

Wilson also touted fiscal sanity, running the state truly like a business, staying within budget while utilizing the synergy between Florida’s public and private sectors.

“New York’s been in the news a lot lately. Florida has more people than the state of New York, but New York’s state budget is twice the state budget of Florida,” the CEO detailed, “and so as they look to raise property taxes and income taxes in New York, we look to cut them.”

“Something that doesn’t get a lot of notoriety is Florida has the lowest debt per capita of any state in America. Not just compared to the big states of any state in America. It’s only about $1,000 per resident. We literally pay cash for things. And when Florida does borrow money, we’re paying lower interest rates than almost any other state in the country.”

Looking ahead to 2030, Wilson says it’s easy to imagine what success looks like in Florida aside from the rising GDP and income migration.

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“We found out that even though we were creating about one out of every 10 jobs in America, we have over 700,000 children living in poverty,” he said. “What we discovered is, over half of our kids in poverty live in just 15% – or 150 – of our ZIP codes. So by making the schools in those ZIP codes the best schools in Florida… that’s the kind of economic development that’s going to grow communities.”

“We cannot become the 10th largest economy in the world if we don’t have our kids reading at grade level and if we don’t cut childhood poverty in half. So it all is part of one big puzzle and there’s no silver bullet… and I think it’s why Florida is the example of where the rest of the country can go.”

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DHS abruptly reverses suspension of TSA PreCheck

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DHS abruptly reverses suspension of TSA PreCheck

The Transportation Security Administration said on Sunday that its PreCheck airport screening lanes are operational, an about-face hours after the Department of Homeland Security said the faster security checkpoints were paused amid the partial government shutdown.

Travel industry leaders said they received little, if any, warning of the changes to PreCheck, a program that allows its 20 million pre-screened members to pass through airport security faster than at standard lanes. Industry members spoke with DHS officials in the past few hours and expressed alarm about the sudden decision, people familiar with the matter said.

“At this time, TSA PreCheck remains operational with no change for the traveling public,” TSA officials said in a statement. “As staffing constraints arise, TSA will evaluate on a case by case basis and adjust operations accordingly. Courtesy escorts, such as those for Members of Congress, have been suspended to allow officers to focus on the mission of securing America’s skies.”

The agency said that “until funding is restored, all travelers should expect a process that does not sacrifice security. ”

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DHS early Sunday said that PreCheck and Global Entry and other program suspensions were scheduled to take effect at 6 a.m. ET on Sunday. As of 12:40 p.m. ET, its updated statement still included a suspension of Global Entry but it had removed its mention of PreCheck.

“We are glad that DHS has decided to keep PreCheck operational and avoid a crisis of its own making,” Geoff Freeman, chief executive of U.S. Travel, an industry group whose members include major airlines, hotel chains like Hyatt and Marriott International and tourism boards around the country.

The move comes as a partial U.S. government shutdown that has left thousands of DHS workers, including TSA airport screeners, working without pay since it started on Feb. 14.

“TSA and CBP are prioritizing the general traveling population at our airports and ports of entry and suspending courtesy and special privilege escorts,” DHS Secretary Kristi Noem said in a statement.

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Noem blamed Democrats for the shutdown. Democrats and Republicans remain at an impasse over immigration policy.

“Shutdowns have real world consequences, not just for the men and women of DHS and their families who go without a paycheck, but it endangers our national security,” she said. “The American people depend on this department every day, and we are making tough but necessary workforce and resource decisions to mitigate the damage inflicted by these politicians.” 

Senate Minority Leader Chuck Schumer, (D-N.Y.), pushed back, saying the Trump administration is “choosing to inflict pain on the public instead of adopting common sense” reforms of Immigration and Customs Enforcement, or ICE.

DHS did not say whether it expected to reverse its suspension of Global Entry or what prompted the change. The White House referred an inquiry from CNBC to DHS.

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Travel industry experts sharply criticized the move before it was reversed, which comes just months after last year’s record federal government shutdown cost airlines millions of dollars and hurt bookings, according to executives.

The sector’s leaders have consistently complained about how air travel has ended up at the center of repeated shutdowns and have pushed lawmakers to ensure that essential government workers are paid during funding lapses.

A government shutdown in 2019 ended shortly after a shortfall of air traffic controllers disrupted flights. Air traffic controller shortages, already problematic, also spiked during the 2025 government closure, snarling air travel shortly before it ended in November.

The government shutdown in the fall, the longest ever, cost the travel industry and other sectors $6.1 billion, the group said. Those disruptions affected about 6 million travelers.

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“A4A is deeply concerned that TSA PreCheck and Global Entry programs are being suspended and that the traveling public will be, once again, used as a political football amid another government shutdown,” said Airlines for America CEO Chris Sununu. The group represents American Airlines, Delta Air Lines, Southwest Airlines, United Airlines and other major carriers.

“The announcement was issued with extremely short notice to travelers, giving them little time to plan accordingly, which is especially troubling at this time of record air travel,” he added.

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Rare Honus Wagner baseball card sells for whopping $5.124 million

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Rare Honus Wagner baseball card sells for whopping $5.124 million

Another T206 Honus Wagner baseball card, considered to be the “Holy Grail” of the collectible space, was recently discovered and has been sold at auction for $5.124 million.

The sale was conducted via Goldin Auctions, and it included the buyer’s premium. It’s now the third-most expensive T206 Wagner card ever after a $6.606 million copy was sold in August 2021 and another for $7.25 million in August 2022

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This recently discovered copy had been in the family of Douglas and Dennis Shields for 116 yards. Their grandfather, Morton Bernstein, the son of The National Silver Company founder, Samuel E. Bernstein, collected trading cards, and more importantly, preserved them since the early 1900s. 

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Honus Wagner baseball card

A rare baseball card of Honus Wagner of the Pittsburgh Pirates, considered to be the best all-around player in history, is displayed on June 3, 2005, at Sotheby’s in New York. (Stan Honda/AFP via Getty Images)

“We are honored that the Shields family chose us to represent this historic card that has been in their family for 116 years,” Ken Goldin, CEO and founder of Goldin Auctions said in a statement, via ESPN

This recently discovered copy was graded as a 1 by Professional Sports Authenticator (PSA), while the other two received grades of 3 and 2 respectively from Sportscard Guaranty Corporation (SGC) when they came about.  

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Morton Bernstein ended up purchasing F.B. Rogers Silver Company in 1955, and he made it a point to display his preserved cards in frames throughout his business. Ultimately, The National Silver Company went out of business, and the cards were placed in a warehouse. 

As Douglas and Dennis came forward, the T206 Wagner card was featured on Netflix’s “King of Collectibles: The Goldin Touch,” where Goldin revealed it on a Season 3 episode in December. 

Honus Wagner card close-up

The famous T206 Honus Wagner baseball card, is shown June 6, 2000, in New York City. (Chris Hondros/Newsmakers / Getty Images)

While this is a massive payout for yet another Wagner card, another T206 remains on the market. With six days left on Heritage Auction, an SGC Authentic, which is considered a grade below a 1, is at $2.318 million right now. 

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So, what exactly makes this card worth millions today? Scarcity in the collectibles industry is a major key, and since Wagner asked the American Tobacco Company to stop making his card in 1909, there is certainly that factor here. 

Honus Wagner baseball card

The 1909 baseball card of Pittsburgh Pirates shortstop Honus Wagner is displayed for a photograph in New York, on Feb. 19, 2013. (Scott Eells/Bloomberg / Getty Images)

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That was the same year Wagner won the World Series with the Pittsburgh Pirates, who he won eight batting titles with. Nicknamed “The Flying Dutchman,” Wagner is one of the most recognized baseball players of all time, being amongst the original Hall of Fame inductees when the National Baseball Hall of Fame and Museum in Cooperstown, New York, was founded. 

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