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March 10, 2010

That giant sucking sound you hear…

…is your hard-earned money going into the coffers of the federal government and into the pockets of those who do business (directly or indirectly, through contracts or lobbying) with the federal government.

Washington Examiner, March 10:

6 of the 10 richest counties in U.S. are in DC area

Loudoun ranks as the richest county in the United States, immediately followed by Fairfax and Howard counties, while Montgomery, traditionally one of the wealthiest, is now 10th.

Forbes magazine ranked eight other Washington-area counties in its list of the nation's 25 wealthiest counties, far more than any other area in the country. The rankings are based on 2008 median household income data from the U.S. Census Bureau.

Loudoun's median household income was $110,643, while Fairfax's was $106,785 and Howard's came in at $101,710.

Here are the rankings, according to Forbes.

In my youth my family lived in four of the top ten counties, but we certainly dragged the median down in each case.

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