• Twitter
  • Facebook
News-Sentinel.com Your Town. Your Voice.
Opening Arguments

The fattest cats

This is some shock, huh?

The Washington region is well off financially.

The D.C. metro area sits atop The Wall Street Journal’s list of America’s richest cities.

D.C. area residents have a median household income of $86,680, well above the national average of $50,502.

The large salaries may be attributable to the nearly 47 percent of workers who hold college degrees, making Washington one of the most highly educated areas in the country.

The list also shows more adults in the area were able to find employment during a down economic time. Just 5.8 percent of the workforce were unemployed in 2011.

Because "nearly 47 percent . . . hold college degrees"?!?! Not because so many of them work for the federal government that has made itself immune from ordinary life? Poor babies -- only $86,000 median income when it should be $100,000, unemployment at 5.8 percent when it should be zero. Obviously our your taxes need to be raised.


Wed, 10/10/2012 - 6:46pm

If you haven't read "Bubble on the Potomac," a Time Magazine article written by Andrew Ferguson about D.C.'s new affluence -  is now available outside the Time paywall.  Very interesting and scary stuff.


tim zank
Wed, 10/10/2012 - 8:30pm

Thanks Gad! That's a fascinating read...