7/15/2012

Washington, DC becomes known as the "recession-proof" city

Obama has certainly achieved a remarkable recovery in one US city, and it is probably safe to say that his policies of massive government spending did make a difference here. Taking money from the rest of the country and moving it to Washington, DC certainly did help the local economy, though at the expense of everyone else. From Fox News:
The City Hall corruption comes amid years of prosperity in which the nation’s capital became known as a nearly recession-proof city and a preferred market for such celebrity chefs and restaurateurs as Mike Issabella.

The changes mark a long road of success since the 1990s -- when the city, in part because of the crack epidemic, became known as “the murder capital.” Today the murder rate is at a roughly 40-year low. . . .

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