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New at Reason: Radley Balko on Washington, D.C.'s Wealth Boom
After the New
York City metropolitan area, the largest cluster of wealth in the
United States is huddled around Washington, D.C. But as Senior
Editor Radley Balko writes, Washington doesn't actually create
wealth, it just moves it around. The Washington wealth boom is the
result of the massive expansion in government over the last 10
years, which has populated the region with well-paid federal
employees, federal contractors, and lobbyists.
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