Yes, indeed, life IS good in the capital of corporate cronyism. From Cato and Bloomberg News:
"Beltway Earnings Make U.S. Capital Richer Than Silicon Valley." According to the latest Census figures, Washington, D.C. is now the wealthiest metropolitan area in the United States."
The looters now make more than the producers. Washington produces nothing except restrictions. The modern day Robin Hood takes from everyone (taxes, contributions, etc.) and gives to themselves.
From the
article:
"Unequal wealth can be a just result of free and fair exchange, where
talented Americans reap rewards from providing goods and services their
fellow citizens greatly value — as in the case of Steve Jobs—in which
case, there's no injustice to remedy.
Or it can be the result of "predation by political elites," in which
case, it's the predation that should be tackled directly, Wilkinson
argues, so "the fire is the problem, not the alarm."
That the hometown of the political class has passed the home of the
creative class in wealth and influence is genuine cause for alarm.
Washington, D.C. is the capital of Crony Capitalism — and it's only
growing richer. That inequality is worth worrying about."
Looters and moochers, and Democrats are only a little bit worse than the Republicans...