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Where's all the money going?
Tweet Topic Started: Sep 23 2013, 03:53 PM (31 Views)
IUCOLTFAN Sep 23 2013, 03:53 PM Post #1
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http://www.weeklystandard.com/blogs/river-american-money-flows-dc_756600.html

Indeed, the metropolitan area of Washington, D.C., a city with little identifiable industrial output, dominates the Census Bureau’s newly updated list of America’s wealthiest counties. Here are some highlights from that list:

Based on the median family income in 2012, the wealthiest county in America—by far—is Arlington Co., Va., located just across the Potomac River from D.C. In fact, Arlington’s median family income ($137,216) is more than $10,000 higher than that of any other county in the United States.

The county with the 2nd-highest median family income ($127,192) is Loudoun Co., Va., also located in the D.C. metro area (according to the White House Office of Management and Budget’s list of metropolitan areas). The 3rd-highest tally ($125,162) belongs to Howard Co., Md., which technically isn’t part of the D.C. metro area but is located between D.C. and Baltimore and is home to many people who commute to D.C. The 4th-highest tally ($124,831) belongs to Fairfax Co., Va., yet another county located in the D.C. metro area.

In other words, in a nation that ranges from the Pacific to the Atlantic and boasts such grand and affluent cities as New York, San Francisco, Los Angeles, Chicago, Dallas, San Diego, Boston, and Seattle (among others), the four wealthiest counties in the land are all within commuting distance of the capital.

In the fifth spot, the New York metro area finally makes the list, as that position is held by Hunterdon Co., N.J. ($123,454). California finally makes the list in the sixth spot, which is held by Marin Co. ($115,513), located just across the Golden Gate from San Francisco. The seventh spot, however, is filled by Montgomery Co., Md. ($113,588), which borders D.C.

Thus, the D.C. metro area (population: 6 million) claims 4 of the top 7 spots, while the nation’s 380 other metro areas (total population: 308 million) combine to claim just 3. Is this what President Obama means by “fairness”?

Looking just a bit further down the list, there are only 26 counties where the median family income is over $100,000. Texas, Florida, and Illinois are among the 40 states that do not have a single $100,000 county. California has only 2. But the states bordering D.C.—Virginia and Maryland—have 7 and 4, respectively; and not one of those is in southern Virginia or northern Maryland.

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HoosierLars Sep 23 2013, 04:17 PM Post #2
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According to the top Congressional Democrat, Nancy Pelosi, "The cupboard is bare" and there's nothing else to cut.
http://www.politico.com/blogs/politico-live/2013/09/pelosi-the-cupboard-is-bare-173214.html

Wow, these people are unbelievable. :facepalm:
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IUCOLTFAN Sep 24 2013, 03:03 PM Post #3
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http://www.nbcbayarea.com/news/tech/Google-Executives-Globetrotting-on-Taxpayers-Dime-224933642.html

And these people preach about everyone paying their fair share....yeah, right.
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