Sunday, January 18, 2009

Top billin'

We be rich:

After the 2000 Census, the richest county in America was Douglas County, Colorado. By 2007, Douglas County had fallen to sixth. The new top three are now Loudon County, Virginia; Fairfax County, Virginia; and Howard County, Maryland. All three are suburbs or exurbs of Washington, D.C. In 2000, 14 of the 100 richest counties were in the Washington, D.C., area. In 2007, it was nine of the richest 20.

That's great! Remind me how we got so wealthy? Oh, yeah:

The problem is that, save for the tech corridor in D.C.'s Virginia exurbs, the Washington Metro area doesn't actually produce anything. Washington doesn't create wealth, it just moves it around—redistributes it. As government grows and takes control of more and more of the private economy—either through spending, regulation, or taxes—more and more wealth that's created elsewhere comes to Washington to be devoured.

This means that people in this area will tend to favor big government. It seems to me that many do.


Anonymous said...

I'm thinking of writing an UnRoast for HC bloggers, after reading some of this:

FM, he makes you look like, civil!