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?
I thought Mormons didn’t drink. Or is it another substance?
I think the motley crowd on Wall Street should take their circus to Washington DC instead. Then maybe the media would be more interested in discussing the costs of the huge public sector under Obama and if the solution of the economic crisis is an increase in such costs.
And this champion mean income DESPITE much of DC being an impoverished, welfare-dependent inner city war zone.
Take away the bureaucrats and lobbyists and DC would be Detroit.
Here in Richmond, VA you see lots of vacant shops, vacant restaurants, vacated homes with the grass 2 feet tall and the things you see all across the country. And the Richmond area is doing better than most places I see when I travel across the country.
Northern Virginia, on the other hand, is a boom town and there is no evidence that there is anything wrong whatsoever. The beltway bandits are living it up. They get their news from inside the beltway television and the Washington Post, so they live in an insular bubble of unreality. They are completely unaware of the dire circumstances elsewhere, for the most part.
And they have a vested interest in keeping the party that protects them in power for perpetuity.