Thursday, October 20, 2011

Something is up: DC is Richer than Silicon Valley

Washington, District of Columbia, is the richest city in America.  San Jose, California, the heart of "Silicon Valley" used to be.  Median -- half above half below -- household income was $84,523 for 2010 in DC versus $83,944 for the San Jose metropolitan area, center of innovation, entrepreneurship and wealth creation in America.  DC unemployment rate is 6% against a national figure of 9.1% and 10% in San Jose.

The average civilian federal worker gets $107,843 in total compensation.

According to the Wall Street Journal top capital lobbyists receive $1 million to $5 million plus bonuses.

And they're ocupying Wall Street!