Fastest Growing City For the 1%? Washington D.C.

In YouTube Posts by Hlarson0 Comments

 

Washington D.C. is now home to the fastest growing population of 1 percenters. The influx of money that made Washington rich in the last decade has created a new wave of wealthy insiders.

The people coming out on top in the new Washington are not just the former senators and four-star generals, now they are also the former bureaucrats, accountants and staff officers.

Last year, the incomes of the top 1% rose 19.6% compared with a 1% increase for the remaining 99%. How long can this continue until the people demand a change?

Read the Washington Post article here: http://www.washingtonpost.com/national/capital-gains-spending-on-contracts-and-lobbying-propels-a-wave-of-new-wealth-in-d-c/2013/11/17/6bd938aa-3c25-11e3-a94f-b58017bfee6c_story.html

Watch the George Carlin video that Dave discussed here: http://www.youtube.com/watch?v=hYIC0eZYEtI

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