View Single Post
Old September 21st, 2009 #2
Alex Linder
Join Date: Nov 2003
Posts: 45,342
Blog Entries: 34
Alex Linder

40 Comment by John Seiler on 17 September 2009:

Over on’s blog, Mr. Piatak wrote on Sept. 16: “Both Paul Craig Roberts and John Derbyshire keep reminding us that the government sector is prospering while the rest of America suffers. Further support for this view came today in a Reuters article, noting that Washington, DC is the preferred home for wealthy young people. In fact, of the 50 counties in the United States with the highest percentage of people aged 25-34 making over $100,000 per year, sixteen of them were in the Washington area, and only two counties not near Washington or a state capital made the top ten. In the past, the key to wealth was manufacturing, which often arose in proximity to natural resources or waterways. Today, the key to wealth is proximity to government. ”