Monday, July 19, 2010

Washington vs. America

The fact that government is growing is not big news. The fact that bureaucrats are overpaid is hardly a big revelation. But it is interesting that a DC-based newspaper like Politico has a story about how Washington is prospering while the rest of the country is suffering. Too bad they didn't connect the dots and explain that the rest of the country is hurting BECAUSE Washington is thriving.
America is struggling with a sputtering economy and high unemployment — but times are booming for Washington’s governing class. The massive expansion of government under President Barack Obama has basically guaranteed a robust job market for policy professionals, regulators and contractors for years to come. The housing market, boosted by the large number of high-income earners in the area, many working in politics and government, is easily outpacing the markets in most of the country. And there are few signs of economic distress in hotels, restaurants or stores in the D.C. metro area. As a result, there is a yawning gap between the American people and D.C.’s powerful when it comes to their economic reality — and their economic perceptions. A new POLITICO poll, conducted by market research and consulting firm Penn Schoen Berland, underscores the big divide: Roughly 45 percent of "Washington elites" said the country and the economy are headed in the right direction, while roughly 25 percent of the general population said they felt that way.

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