Government Greed, Liberal Hypocrisy

Income Inequality: DC vs America

If you drive through Northern Virginia, you will find nearly entire neighborhoods of $500,000 to $900,000 homes owned by government workers or contractors.

“The art of government is to make two-thirds of the nation pay all it possibly can pay for the benefit of the other third” -Voltaire Go To Site

Taxes are the price we pay for 7 of the 10 richest counties being within commuting distance of DC. -Timothy P. Carney Go To Site

A new report from MSN Money illustrates how the political elite is getting very rich by plundering honest Americans. America has 3,033 counties, and they identified the 15 richest jurisdictions from that list. Of those 15 super-elite counties (the top 1/2 of one percent), 10 are in the Washington metropolitan area. -Dan Mitchell Go To Site

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. -Jim VandeHei and Zachary Abrahamson Go To Site

Who Can Afford The Average Car Price? Only Folks In Washington, D.C.

Liberal, Government, Financial, Greed

A new report shows that the average price of a new vehicle is out of reach for people in medium-income households in all but one of the 25 largest metro areas in the U.S. The report by Interest.com shows that Washington, D.C. is the only American metropolitan area in which a family earning the city's median income can afford the average price of a new vehicle...

Report: Majority in Congress Millionaires for First Time in History

Government, Financial, Narrative

According to a Center for Responsive Politics's analysis of "the personal financial disclosure data from 2012 of the 534 current members," 268 lawmakers in Congress had an average net worth of at least $1 million. That was up from 257 from the year before. The Center for Responsive Politics found that the "median net worth for all House members was $896,000 (Democrats averaged $929,000 to Republicans’ $884,000) and, for Senators, $2.5 million."

The Unequal State of America: Redistributing Up

Liberal, Government, Incompetence, Oops

In the town that launched the War on Poverty 48 years ago, the poor are getting poorer despite the government's help. And the rich are getting richer because of it. The top 5 percent of households in Washington, D.C., made more than $500,000 on average last year, while the bottom 20 percent earned less than $9,500 - a ratio of 54 to 1. That gap is up from 39 to 1 two decades ago. It's wider than in any of the 50 states and all but two major cities. This at a time when income inequality in the United States as a whole has risen to levels last seen in the years before the Great Depression.

D.C. far outpaces nation in personal earnings

D.C. residents are enjoying a personal income boom. The District’s total personal income in 2012 was $47.28 billion, or $74,733 for each of its 632,323 residents, according to the Office of the Chief Financial Officer’s Economic and Revenue Trends report for November. The U.S. average per capita personal income was $43,725. The highest of the 50 states, Connecticut, fell 25 percent short of D.C.