9/25/2012

Washington DC getting the country's money and making life worse

Some graphs from the Washington Post:
Of the 10 richest counties in Americaseven are in the D.C. area. To some pundits, that looks like strong evidence of crony capitalism. “Whence comes this wealth? Mostly from Washington’s one major industry: the federal government,” Ross Douthat writes in the New York Times. “Not from direct federal employment…but from the growing armies of lobbyists and lawyers, contractors and consultants, who make their living advising and influencing and facilitating the public sector’s work.” . . . 
Also from the Washington Post: "Health insurance costs grew slowly for two years [before Obamacare kicked in]. Now, they’re speeding up."

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