Income Falls In Almost All Cities, Except For Three -- Including Washington DC

Washington DC's in the business of government, and business is good, baby.

The other two cities only grew in income due to government salaries, too:

Among the 52 MSAs with a population of one million or more, only three had an increase in both net earnings and personal income in 2009 (Washington, D.C.; San Antonio, Texas; and Virginia Beach, Virginia). The biggest gains in compensation in these three MSAs were in the federal government (civilian and military combined). Private sector compensation declined in these three MSAs.

Link this to Christienomics and you're cooking with gas.

Is anyone noticing this? I mean, I know you are; I mean other people.

Are people noticing the $26 billion fresh bailout Obama proposed only goes to state employees? The bill is only there to keep the Democratic Party stimulated -- to prevent angry, base-tearing fights as Democratic pols are finally forced to suggest cuts to government employees' pay.

You know what would happen were that to happen? Armageddon. The public unions would be in riot.

And that's all this $26 billion does -- it permits Democratic governors and state legislators to put this step off for another year or so, keeping the base happy and united.

And for the rest of us...?

Why is it that the government and its highly-protected workers are the only people in the country wholly immunized against this recession? We are jobless or are making far less money, and they continue to get their regularly-scheduled 4% raises every single year.

Is anyone noticing this? Besides us?

Correction: JackM. says I'm wrong about the Base Stimulus Package.

You are a little bit wrong about the $26 billion bailout fund... in that you don't articulate just how insidious this is. It's basically a ploy to have the American taxpayers fill up campaign coffers for Dems.

$10 billion of this money goes to the unions. Before the money gets to
the "teachers" the unions skim off their share of mandatory
"contributions".

The money skimmed by the unions goes directly into the union political
advocacy/footsoldier network to get out votes for Dems.

Morale and contributions for Dems are down this cycle, and Pelosi is
throwing a hail mary pass here. She has to close the enthusiasm gap by
coercing the American taxpayer into footing the bill for Dem
campaigns. It's a money laundering scam.

Unbelievable.

posted by Ace at 02:09 PM

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