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| Star Parker |
Townhall - Although my organization’s home office is in Washington, DC, I log some 150,000 miles a year flying around the country. Traveling back and forth from the nation’s capital provides good perspective on the bold contrast between the realities there and the rest of America. Washington is booming today while working Americans in cities across the rest of our nation struggle to see the economic light of day.
Washington Business Journal reports that, based on their latest annual job growth data from February 2010 to February 2011, DC is the number one job market in the nation. Compared to a national unemployment rate which just dropped below 9 percent, the Journal reports unemployment in the DC area at 5.9 percent. According to the S&P/Case-Schiller Index, the leading index of home prices in the US, the latest composite of home prices from 20 cities from around the country shows an annual decline of 3.1 percent. Of the 20 cities in the composite, only two showed annual home price increases. San Diego – barely – at 0.1 percent, and Washington, DC with a solid increase of 3.6 percent. Yes, DC is booming, its malls are filled and the wine flows in our capital city’s fancy, expensive restaurants. The Democrat regime has been good to Washington. Read full column here: News New Mexico
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