Quote: (03-06-2013 04:30 AM)Hooligan Harry Wrote:
Quote: (03-05-2013 08:33 PM)Hencredible Casanova Wrote:
I agree with Kenny in that DC destroys other places except in the women category. All of my DC homies are doing well in terms of upward mobility. Can't say that about people in other US cities. The economies there just aren't as stable.
Which should concern the living shit out of you?
You are awash in tax payer money, not productivity.
Wrong. That notion is old right-wing conservative dogma. Where are the facts? This is the definitive post on why DC has gotten wealthy relative to the rest of the country.
http://www.washingtonpost.com/blogs/wonk...ezra-klein
The federal regulatory burden, measured by the number of regulators employed, hasn't gone up much, and has actually fallen since 1980. The total amount of government spending [of taxpayer money] is about the same since then. You might think privatisation of government functions could drive up wage premiums, but contrary to received wisdom, the share of federal spending going to private contractors has actually fallen substantially since 1980. The level of education relative to the rest of the country isn't changing much. The one factor that does look like it tracks the rise in Washington's wage premium is the amount spent on lobbying by businesses ["productivity money"].
So to answer your baseless question, no I am not concerned.