Although my organization’s home office is in Washington, DC, I log some 150,000 miles a year flying around the country.
Traveling back and forth from the nation’s capital provides good perspective on the bold contrast between the realities there and the rest of America.
Washington is booming today while working Americans in cities across the rest of our nation struggle to see the economic light of day.
Washington Business Journal reports that, based on their latest annual job growth data from February 2010 to February 2011, DC is the number one job market in the nation. Compared to a national unemployment rate which just dropped below 9 percent, the Journal reports unemployment in the DC area at 5.9 percent.
According to the S&P/Case-Schiller Index, the leading index of home prices in the US, the latest composite of home prices from 20 cities from around the country shows an annual decline of 3.1 percent. Of the 20 cities in the composite, only two showed annual home price increases. San Diego – barely – at 0.1 percent, and Washington, DC with a solid increase of 3.6 percent.
Yes, DC is booming, its malls are filled and the wine flows in our capital city’s fancy, expensive restaurants.
The Democrat regime has been good to Washington.
Although our president famously campaigned about purging Washington of “special interests,” I wrote then that this was ridiculous. The business of Washington is special interests. So anyone with an agenda to grow the federal government by definition grows these many special interests. And the data bears this out.
Combined lobbying expenditures in our nation’s capital for 2009 and 2010, the first two years of the current administration, were at an all time high $7 billion.
Over the course of eight years under the Bush Administration, when federal spending increased at the highest rate since the Johnson Administration in the 1960’s, a little over a trillion dollars was added to annual federal spending. The Obama Administration has managed to add on another trillion in less than three years.
Yes, friends, the great sucking sound we hear today is the liberal regime in Washington sucking the living daylights out of this nation.
Almost 80 percent of Americans feel today that the country is on the wrong track. Last November, voters fired one quarter of the sitting Democrats in Congress in the name of change.