DC Is Home of the Fattest Cats
Five of the nation's richest counties are within the Washington metro area. Surprise!
Nothing says Big Government more than Big Money. And if anyone doubted the reality of the ballooning nature of the U.S. government, a look at the latest data on wealth by region would quickly dispel those doubts. The American Community Survey data on the U.S. population was recently released by the Census Bureau, and it found that the top five richest counties in the U.S. are contained within the DC metro area. Moreover, 10 of the nation’s top 20 wealthiest counties also lie within the Washington area.
From the countless thousands of government employees working for an ever-expanding number of federal agencies to the tens of thousands employed by private government contractors to the lobbyists pouring money into the mechanism of government as they seek greater influence of the regulatory state, the DC swamp has fast become the home of the nation’s fattest cats. Money flows to DC because of its increasing power, and power grows in DC because of its increasing money.
CNS News reports that the “five richest counties in the United States when measured by median household income are: Loudoun County ($129,588), Fairfax County, Va. ($117,515), Howard County, Md. ($115,576), Falls Church City, Va. ($114,795), and Arlington County, Va. ($112,138).” The survey covers five years from 2013 to 2017.
The Daily Signal notes, “The study also found that from 2013 to 2017, median household income increased in 16.6 percent of all the counties included in the analysis, while it decreased in 7.1 percent of counties, when compared to estimates from 2008 to 2012.”
Is it any wonder why those living in and around the Beltway are so out of touch with the rest of the country? This also explains the contempt so many of the Washington elites have for middle America. Working for the government should not be the primary means for entering the top 10% of income earners.