Saturday, September 3, 2011

No Recession With A Government Job

This is the sad thing about the DC area in general and working for the federal government in particular. Government workers are rarely impacted by recessions which means they don't fully grasp what's happening in the rest of the country.

An example of this is Fairfax County which is on the Virginia side of DC and chockablock with federal workers or government contract workers. Not only is it one of the wealthiest counties in the country it is also flush with cash. Fairfax County ends year with $100M surplus

There could be many reasons for this plenty but given it's low unemployment rate of 4.5%, I'm fairly certain it is the reasons state above. It's a crying shame that some of the root causes of America's current economic problems can be laid at the feet of the very people benefiting the most from this crisis.

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