Recession-Proof Washington
From the Washington Post, by way of the Cato Institute comes a story of some Americans that are doing well for themselves during the recession:
As struggling communities throughout the country wait for more help from the $787 billion stimulus package, one region is already basking in its largess: the government-contractor nexus that is metropolitan Washington.
Reports from stimulus recipients show that a sizable sum has gone to federal contractors in the Washington area who are helping implement the initiative — in effect, they are being paid a hefty slice of the money to help spend the rest of it.
The contractors’ work hardly differs from the basic operations of the federal departments hiring them. The Energy Department is paying Technology & Management Services, a Gaithersburg firm, $6.9 million to review applications for renewable energy loan guarantees. The Department of Homeland Security awarded Deloitte Consulting’s Arlington branch $8.6 million to provide “program management and support” for the stimulus plan’s $1 billion airport security initiative, and gave McKing Consulting, a Fairfax firm, a $1.5 million contract to review applications for fire department construction funding.
Held against the total stimulus package, the contracts represent a relatively small portion of spending. But they help explain why the Washington area is weathering the recession so well.
Like a true socialist dystopia, the only ones doing well during the Obama age are government bureaucrats. Everyone else is left in the dust.

United Liberty









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