Tuesday, August 03, 2010

Where the Money Is

None of this is surprising.

The Washington Business Journal reports that while nationwide CEOs of top companies saw a 5.5 percent pay hike, Beltway-area CEOs saw a 37 percent raise — more than in any other city.

...DC’s housing market is the second-strongest in the nation according to one recent measure; the richest county in the nation, and 6 of the 10 wealthiest, are DC bedroom communities; and the area’s unemployment is the lowest in the nation.

As The Examiner notes, that giant sucking sound is clearly audible. There's no recession, either single- or double-dip, where taxpayers have to send their money at the point of a gun.

Madistan isn't mentioned, but you can make an educated guess...

1 comment:

Tim Morrissey said...

Gee, what a shock....