Crony capitalism is another reason we need a Revolving Door Tax (RDT).
[T]he regulatory superstate depends on inflicting pain on the rest of the country, pain that only Washington itself can relieve—if you pay up and have the right connections, that is. Washington’s fortunes and America’s are increasingly at odds. The region is prospering because it’s becoming something that would have horrified the Founders: an imperial capital on the Potomac.
From time to time my colleague David Boaz posts about the many ongoing ways in which the economy of Washington, D.C. continues to outpace that of the rest of the country, thanks to a well-paid and layoff-resistant workforce of federal employees and contractors, a thriving lobbying sector, and so forth. Thus David noted this week [December 9, 2010] that the Washington, D.C. metro area has now attained the highest family median income of any major city, and last month [November 2010] that, according to Census Bureau figures analyzed by Newsweek, “seven of the 10 richest counties in America, including the top three, are in the Washington area.”
Tithing is a good model
Ah yes, the 1st Amendment.
The country is in the very best of hands.
Tags: Beadledom, Benjamin Carson, Calvin Coolidge, Capital, crony capitalism, cronyism, Cvm3NSN0YoY, DC, gSgUENZ9O94, Nothing to see here, PFb6NU1giRA, RDT, revolving door tax, rube-tool, Sh1scuSqz_M, Statolatry, tithe, Tithing