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Sunday, August 28, 2011

Do You Suppose This Explains Why So Much Crap Comes Out Of Washington

Somebody once said, "Washington is sixty square miles surrounded by reality".  Today's Washington Post has an insightful article entitled, "Why Washington Really Likes Itself".  You can read the rest of the article online, but here are the key paragraphs.

"Maybe that’s because Washington is richer, on the whole, than any American state: it has a per-capita income of $71,011, compared with the national average of $40,584, according to the Bureau of Economic Analysis. And the geysering income streams that support Washingtonians are reliable in good times and bad.

There are a lot of occupations here that tend to be pretty high-paid that are kind of recession proof,” said Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities, a liberal research organization in Washington, and a former economic adviser to Vice President Joseph R. Biden Jr"

So if you are getting paid almost double what everyone else is getting paid, and are highly unlikely to lose your job, why should you care about the rest of the country?  It is something to think about..

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