Capital City Untouched by Recession
OCTOBER 18, 2010
“Throughout the recession, one major city stood out as an oasis for jobs and growth: Washington, D.C. Supported by a gusher of federal borrowing and spending, the District of Columbia was the nation’s only metropolitan area that never stopped growing. It stood as a beacon for the nation’s millions of job hunters, from recent college graduates seeking careers in civil service to well-heeled lawyers cashing in on a bonanza of work stemming from health care and financial reform.” (Washington Times, Sunday)
Government is a growth industry … until it kills its host.
FEE Timely Classic:
“Creating Jobs v. Creating Wealth” by Dwight R. Lee