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Old 03-24-2014, 12:00 PM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,476,702 times
Reputation: 21228

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There is no deck stacked against DC. What a joke to even suggest that. In fact, DC has no importance outside of govt regulation over the industry and govt run entities like Fannie and Freddie.

I wish DC people would stop acting like federal govt spending isnt their primary economic engine.
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Old 03-24-2014, 12:03 PM
 
Location: The City
22,378 posts, read 38,888,203 times
Reputation: 7976
The Expanding Wealth Of Washington - Forbes
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Old 03-24-2014, 12:11 PM
 
Location: Denver
6,625 posts, read 14,450,086 times
Reputation: 4201
Quote:
Originally Posted by MDAllstar View Post
I, along with everyone in D.C. is doing exactly that even with the stacked deck working against us to do so. The failed system designed to hold us back from ever being able to operate like a Paris, London, or Tokyo has made it tough though. The ball is rolling now and our focus in tech, health, education, and the financial industry should hopefully, eventually, allow us to beat all odds and emerge from the shackles that were placed on our feet as a region by the rest of the nation.

We hope to be able to operate without the government leading the way even though the rest of you would rather us stay that way probably. The government has been shrinking at an amazing pace for 4 years now, however, no matter how many government contractors are cut, how many federal government jobs are lost, people like you will never be able to admit the tide has turned. SMH.......
Those shackles you're referring to are actually rocket boots and they're the reason Washington DC has thrived the way it has. That's the point. This wasn't some constraint placed on Washington by the rest of the nation. The city has been able to boom in the private sector because of the expansion of the government. If the government were shrinking, then the private sector of DC would too--at least for a short time. Then the private market would be able to rebound and grow at a natural rate. That's not what has been happening.
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Old 03-24-2014, 12:15 PM
 
Location: Denver
6,625 posts, read 14,450,086 times
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Quote:
Originally Posted by kidphilly View Post
Would rep you if I could...and it sort of puts into perspective how deeply rooted the government expansion is and how it spreads beyond parties.
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Old 03-24-2014, 12:20 PM
 
5,347 posts, read 10,152,962 times
Reputation: 2446
That article is really old!
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Old 03-24-2014, 12:32 PM
 
Location: Washington D.C.
13,727 posts, read 15,736,928 times
Reputation: 4081
Quote:
Originally Posted by 18Montclair View Post
There is no deck stacked against DC. What a joke to even suggest that. In fact, DC has no importance outside of govt regulation over the industry and govt run entities like Fannie and Freddie.

I wish DC people would stop acting like federal govt spending isnt their primary economic engine.
That is the problem. Who made D.C. this way pray tell? I said already that D.C. should operate like Paris, London, or Tokyo. If that would have meant D.C. never existed and NYC was the nation's capital, so be it, however, it didn't happen that way and the damage is done. So....FIX IT!

Do what America should have done from the beginning and join the modern world of superpowers where your national capital is a self-sustaining mega city that has a diversified economy large enough that it wouldn't be a parasite. D.C. is the way it is because the idiots that formed the country made it this way trying to reinvent the wheel.
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Old 03-24-2014, 12:33 PM
 
Location: The City
22,378 posts, read 38,888,203 times
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newer ( less than 6 months old)

The Truth About D.C.'s Growing Knowledge-Based Economy - Richard Florida - The Atlantic Cities

this would suggest that basically 50% of all DC jobs are direct, contractor, or proximity (lobbyists etc.) and that does not include the next segment which is support of the direct and indirect jobs

at the least it directly employs 50% of the workforce; reality may be closer to 60% or even 2/3rds
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Old 03-24-2014, 12:40 PM
 
Location: Washington D.C.
13,727 posts, read 15,736,928 times
Reputation: 4081
Quote:
Originally Posted by tmac9wr View Post
Would rep you if I could...and it sort of puts into perspective how deeply rooted the government expansion is and how it spreads beyond parties.

LOL....how many jobs has the D.C. region added in the last three years with all the Federal government and contractor cuts?


And yet, D.C. is still booming. I can't wait to hear the excuses over the next three years as the D.C. boom without the Federal government continues. How many years do you think you will be able to say it's from the Federal government even though they along with contractors are shedding jobs and have been for three years?
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Old 03-24-2014, 12:43 PM
 
Location: Washington D.C.
13,727 posts, read 15,736,928 times
Reputation: 4081
Quote:
Originally Posted by kidphilly View Post
newer ( less than 6 months old)

The Truth About D.C.'s Growing Knowledge-Based Economy - Richard Florida - The Atlantic Cities

this would suggest that basically 50% of all DC jobs are direct, contractor, or proximity (lobbyists etc.) and that does not include the next segment which is support of the direct and indirect jobs

at the least it directly employs 50% of the workforce; reality may be closer to 60% or even 2/3rds

What jobs?


Report offers fresh of evidence of sequestration’s toll on D.C. area job market - The Washington Post


LOL....we grow without jobs....
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Old 03-24-2014, 12:47 PM
 
Location: Boston Metrowest (via the Philly area)
7,268 posts, read 10,585,214 times
Reputation: 8823
Quote:
Originally Posted by tmac9wr View Post
Obviously this wasn't ever going to be able to be 100% sustainable given its geographic location, and of course some size & economic power is acceptable. However it's now one of the largest, wealthiest economies in the country and its due to the expansion of the government. I know you're saying it's the diversification of the economy...but the reason these new industries are moving into DC is because they want to be able to cozy up to the Fed.
Well said. You'll often hear, too, that DC's "private sector" is flourishing, but this is basically just because of a long-running but massive shift of federal positions to contracting firms.

It's a depressing reality, but DC has basically become an oligarchical capital rather than one that truly governs and represents the entire nation. I find an increasing parallel to the "Hunger Games."
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