Thursday, March 3, 2011

Why The Washington D.C. Metro Area Has The Highest Per Capita Income In The Country...



Since the recession started private employment has declined by nearly -7% , a total of nearly -8 million jobs lost.

State and Local government employment, however, is essentially unchanged.

But Federal government employment has increased roughly +10%!

So that's where all that stimulus money went! To stimulate government, not the private sector?

Is that the reason why the Washington D.C. metro area (including suburban Maryland and Virginia) has the highest per capita income and lowest unemployment rate in the entire nation?

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