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DC Has Best Employment Rate In The US

From a glowing Politico:

Washington doesn’t feel the pinch of the recession

By: Victoria McGrane
July 19, 2009

The rest of the country has a new reason to hate the inside-the-Beltway crowd: Our economy is better than yours.

At 6.2 percent, the unemployment rate in the D.C. metro region is lower than in any other major metropolitan area in the country — and far below the 9.5 percent national average.

Members of Congress from harder-hit areas can’t help but notice the divide between the relative health of their part-time city and the pain back home. And it particularly rankles conservatives who’ve argued for a smaller federal government but now see it making up one-third of the region’s economy.

What frustrates me so much is you look at Washington and you realize how out of touch we are. This is one of the only cities that’s growing. And how is it growing? Because we’re filling it with federal bureaucrats,” Rep. Christopher Lee (R-N.Y.) complained during a Republican press conference Thursday. “And we can’t afford to pay. We have a $1.8 trillion deficit.”

To be fair, the D.C. metro area has lost jobs for the last seven consecutive months, with losses still accelerating month to month. But Washington is losing far fewer jobs than any other city, and parts of the local economy are actually growing that aren’t growing anywhere else, said Steven Fuller, director of the Center for Regional Analysis at George Mason University.

And the jobs that are being created are not federal bureaucrats precisely. Rather, the job growth that’s offsetting some of the job losses is coming only indirectly from the government; federal dollars are flowing to contractors, who can then afford to hire workers and pay vendors who hire more.

From June 2008 to June 2009, the region’s economy added 14,000 jobs, largely in the business and professional services category — which includes lawyers, accountants and, of course, federal contractors. The region lost 42,500 jobs during the same period, for a net loss of 28,500 jobs.

Nationwide, the combined education and health services sector is the only one showing growth; it’s growing in the Washington area, too

Fifteen cents of every dollar the federal government doles out throughout the world on goods and services is spent in the D.C. metro area, which, as the Census Bureau defines it, stretches far beyond the District into Virginia, Maryland and even one county in West Virginia.

Last year alone, Uncle Sam lavished $133 billion on the area. And the money, impressive in its own right, spins off into a lot of other business, Fuller said.

“Our economy weathers the storms better than other places,” Fuller observed. “It isn’t recession-proof, but boy, we have a safety net.” …

What a surprise, huh?

Of course the surprise is that the Politico would even report this.

This article was posted by Steve on Monday, July 20th, 2009. Comments are currently closed.

7 Responses to “DC Has Best Employment Rate In The US”

  1. Liberals Demise says:

    We all knew that they are whores or crack heads or lawyers!

  2. proreason says:

    Federal Taxes (including FICA/Medicare) are about 20% of the GNP.

    Therefore, it takes 5 real jobs to support every federal job.

    So every federal job INCREASES the private sector jobs that must be created, and INCREASES the pain of the recession/depression we are in, because private sector jobs are going down, not up.

    And the really incidious part about it is that to unwind those worse-than-useless government jobs is nearly impossible, and even when a miracle happens and it is accomplished, then the people who had the jobs have to suffer. Not only do they lose their income, many of them are so indoctrinated with beaurocratic thought processes that they are unable to function in the private sector.

  3. neocon mom says:

    The D.C. license plate bemoans the city’s “taxation without representation”. What a fitting slogan for a place run (into the ground) by the twin mentalities of victimhood and entitlement.

    Imagine if D.C were a state. Besides providing sure Democrat congressional seats, it might be forced to live off of its own tax revenues. It might view its choice in leadership as consequential enough not to repeatedly elect a crack-smoker. It might not have a 1% H.I.V. infection rate. Maybe.

    Many say CA is the state to look to if you want to see America’s future under Obama. I think there’s some truth to that but I think a more fitting metaphor for America under Obama is D.C. It’s the municipal equivalent of a GSE. Local leaders have the coffers of the Federal government available to them; it’s a built-in bailout. If D.C. had statehood in its future and all of the de facto Federal aid had to stop, it would end up on CA’s shoes. The gravy train would stop eventually.

    D.C. is like many folks who win the lottery–all that money just magnifies their worst flaws in judgment and character and they usually end up bankrupt in 5 years. Except D.C. wins the lottery every year; this year was a pretty big haul with Barry’s deficit spending-palooza.

    But if D.C. ever achieves statehood, I’ve already got its new state slogan, “The Welfare State”.

  4. catie says:

    The District of Columbia-I used to hear my parents speak of it in glowing terms when my mother was working for the FBI and my father was in the Navy in the early 1950’s. The firs time I remember going there I was 7 & my mom’s old friend worked at the White House so we got a private tour. I thought DC was pretty cool. Today I chalk it up to two young people being in love and we all know how rosy everything looks when you meet your future spouse or significant other. Even the air smells cleaner.
    I guess when Timmy & crew run out of ink at the printing presses the DC employment rate will skyrocket.

  5. 12 Gauge Rage says:

    DC also has one of the highest homicide rates in the country too. I’ve never had any desire to visit our nation’s capitol. Save your money and go visit a place like Mount Rushmore. You will never cease to be amazed by the place.

  6. BillK says:

    Is it bad that I’m seriously considering applying for a Federal job as it will likely be the only way to remain employed over the next 20 years or so?

    • proreason says:

      vdh wrote about that after his european trip a few weeks ago.

      He said in Greece, as an example, the common pattern is to have a government job, which acts as the financial base, and then to have side jobs (which they do on government time) to have enough to live.

      And cheating on taxes is considered normal. They don’t understand why we make such a deal about it.

      Such is one common adaptation to European Socialism.

      But the Moron probably has a more gulag-oriented approach in mind, at least for whitey.

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