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Jobs

Nice work if you can get it:

As struggling communities throughout the country wait for more help from the $787 billion stimulus package, one region is already basking in its largess: the government-contractor nexus that is metropolitan Washington

Reports from stimulus recipients show that a sizable sum has gone to federal contractors in the Washington area who are helping implement the initiative -- in effect, they are being paid a hefty slice of the money to help spend the rest of it.

[. . .]

Held against the total stimulus package, the contracts represent a relatively small portion of spending. But they help explain why the Washington area is weathering the recession so well. And, as President Obama convenes a jobs summit Thursday to discuss lagging employment, the contracts raise questions about whether enough funding is getting to areas suffering the most.

Can't wait to see the results of that job summit.  Presidet Obama has surounded himself with people who don't have a clue about capitalism and markets -- just 10 percent of his Cabinet has had private-sector experience, the lowest since 1900. So he has to call on "experts" to give the "advice" that coincides with what he wants to do anyway.

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