Well President Obama’s jobs plan seems to be working for one major U.S. city. Bloomberg reports today that the nation’s capital is at the top of the heap when it comes to the highest incomes in the United States. The data shows that federal employee compensation (which averages $126,000) and the greatest concentration of lawyers helped the beltway edge out Silicon Valley for the top spot.
Further evidence of the disconnect from reality can be seen in Harry Reid’s comments on the Senate floor this morning: “It’s very clear that private sector jobs have been doing just fine, it’s the public sector jobs where we’ve lost huge numbers, and that’s what this legislation is all about.”
Right on, Harry.
I’m certain the numbers will further fuel the narrative that Washington is out of touch with the rest of the country. What say you?