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Washington, DC incomes highest as poverty gap widens

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Washington, DC incomes highest as poverty gap widens

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10 Views • Jan 11, 2012

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http://nma.tv According to a Bloomberg report, Washington, DC now has a higher median income than San Jose, home to Silicon Valley. Isolated from the rest of the nation's woes, federal employees enjoyed over $120K in salary and benefits in 2010. A driving factor is the lobbying industry on K Street, which is even giving Wall St. a run for its money. The Beltway also attracts a disproportionate amount of high-salaried lawyers. There is one for every 12 people in the district. How much more will the gap widen between rich and poor in America?