You are correct, the self destruction efforts are multi faceted, fortunately I am pretty well insulated from all of it, but it is rather fascinating to watch it play out in real time. I guess it’s my morbid sense of curiosity that loves watching a Mass Economic Suicide
Here in NJ we are facing a similar problem due to business strangulation; the cities collapsed decades ago and shopping and white-collar jobs went to the suburbs, but now the tax burden is so high businesses in secure areas are fleeing the state - and young people with few local job prospects have to follow them (or accept McJobs).