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As businesses flee New York, the standard of living in the state may likely decline. When businesses leave, it can lead to a decrease in job opportunities, reduced economic activity, and a decline in overall prosperity for the state's residents. Without a vibrant business climate, there may be fewer resources available to invest in public services and infrastructure, which can further impact the standard of living.

In such a situation, the appetite for the state taking of assets may increase. As the economy weakens, the government might be tempted to intervene more heavily and impose higher taxes or regulations to compensate for the loss of businesses and tax revenue. This could lead to a greater burden on individuals and hinder wealth generation.

When property and capital are diverted to government consumption rather than wealth generation, it can have long-term consequences for New York's future. In 50 years, the state might face a stagnant economy with limited entrepreneurial opportunities and reduced innovation. This could result in a less dynamic and prosperous society for its residents.