Author Topic: Big Government Redistributes Money...to Benefit DC's Gilded Class  (Read 848 times)

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Offline Eupher

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By Daniel J. Mitchell at Townhall.com:

Quote
Regular readers know I complain about the army of overpaid bureaucrats in Washington, but that’s just the tip of the iceberg.

The larger problem is that Washington also is filled with hundreds of thousands of other people who get rich thanks to big government. And these politicians, lobbyists, crony capitalists, interest groups, contractors, and influence peddlers almost surely are a bigger net drain on the economy’s productive sector.

When you combine the official bureaucracy with these other over-compensated beneficiaries of big government, it’s easy to understand why Washington, DC, is now the richest region of America, with 10 of the nation’s 15 richest counties.

Reuters did an expose last year on how Washington fat cats are living on Easy Street at our expense, and The Economist also has touched on the issue. But you know the problem has reached epidemic levels when even the local left-wing paper covers the story.

And that’s exactly what is happening. The Washington Post reports on how coerced access to other people’s money has meant boom times for the beltway elite. Here are some excerpts on how your money is creating unearned riches for DC insiders.

Balance at Link

This is what happens when people vote themselves money and this pretty much confirms Franklin's prophetic statement, “When the people find that they can vote themselves money that will herald the end of the republic.”

Follow the money. Always follow the money. And in Northern VA, there is lots and lots of money.
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