“The Wall Street Journal observes a new ‘Gilded Age’ for Washington, which has been ‘a time of lush business profits fueled by government outsourcing and war.’ Well-connected recent college graduates secure entry-level bureaucratic jobs that pay enough to support rentals that charge $3,000 a month. Military contractors like Northrup Gumman, corporate lobbying groups, and Wall Street firms bring in hordes of first-time home buyers, driving real estate values upward. This does much to explain the invincible indifference of the ruling class to our nation’s unfolding economic catastrophe.”
http://prolibertate.us/index.php/washington-s-vampire-economy-thrives?blog=7
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