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Washington Holds Top Income Jobs

Kind of sad that when unemployment is at its highest in decades, national debt levels are soaring and the competitiveness of the United States is dwindling, we allow politicians and civil servants to hold the highest salaries…

The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 last year. The national median income for 2010 was $50,046.

In addition, when most private laborers are getting no raises, pay cuts or lay offs, Federal workers see a 3% increase in compensation:

Total compensation for federal workers, including health care and other benefits, last year averaged $126,369, compared with $122,697 in 2009, according to Bloomberg News calculations of Commerce Department data.

Perhaps we should be occupying Pennsylvania Ave rather along with Wall Street.  Only bankers and politicians seem to get rewarded for failure.

Read the full Bloomberg article here.

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