Washington's Parasitic Economy

Andrew Ferguson is interviewed by Reason TV...on the parasitic Washington, DC economy.




UPDATE:  As someone who lives in the Baltimore-Washington Metroplex, you see every day the effects of the influx of government bureaucrats.  None of them actually contribute a damn thing to the economy...and infact sucking at Uncle Sam's hind tit as they do, they are draining money that could be better off spend by the people who pay taxes. 

It's time to do across the board, 30% reductions in, not just spending, but firing 30% of the people who work for government...ALL branches of government.  Better yet, reduce the size of those working for Congress  by 50%...

Then, simplify the tax code to something along the lines of a flat income tax (20% for everyone above the poverty line).  It's not "fair" that someone who busts their ass and earns $1 million dollars a year, yet has to pay 50% of those earning to shore up a corrupt bureaucratic system that the country can't afford any more.

We won't see any of this happen until the government hits the bankruptcy skids, much like the Greek government is on the brink of.  No politician currently eating at the DC trough has the courage to do anything like the draconian measures that will be necessary to save our Republic...more's the pity.

via Newsalert