We live in a wealthy nation.  This was made clear when data firm Wealth-X’s released their recent report entitled “A Decade of Wealth.”  Six of the top ten are American, which I’m completely fine with.  I wish every city on the list was here in the United States.

But one of them really gets under my skin.  It reminds of that old Sesame Street song, “One of these things is not like the other… one of these things just doesn’t belong.”

New York – the financial epicenter of the world – tops out the list.  That’s great and reasonable.  Los Angeles also makes sense, as the entertainment epicenter of the globe.

But Washington, D.C. has no business being on that list. The wealth in Washington, D.C. is primarily generated by sucking wealth out of the rest of the country.  It produces nothing but strife.

Many believe this extreme wealth is due to “double dipping,” inherent to government work.  The Washington Examiner explains:

“The area is not a manufacturing or Internet hub, and instead is the home of much of the federal government. . . . Federal workers in the Washington area earn an average of about $110,000 a year, about $25,000 more than the average federal salary. And that is before benefits like 40 days off, 18 percent retirement matching, and ample health care insurance choices are added in. Many households have two federal workers, and many more have former federal workers receiving a pension now working for federal contractors, “double-dipping,” so to speak.”

Must be nice.

Every time one of these lists comes out, I’m angered that these career politicians – and their parasitic sycophants are in the swamp getting rich while the rest of America is struggling to make ends meet.

Here’s the complete list, per CNBC:

10. Dallas

Number of individuals with a net worth of $5 million or more: 36,51

Percentage of global population: 1.2%

9. Washington, D.C.

Number of individuals with a net worth of $5 million or more: 37,495

Percentage of global population: 1.3%

  1. San Francisco

Number of individuals with a net worth of $5 million or more: 39,390

Percentage of global population: 1.3%

  1. Chicago

Number of individuals with a net worth of $5 million or more: 44,795

Percentage of global population: 1.5%

  1. Paris

Number of individuals with a net worth of $5 million or more: 49,005

Percentage of global population: 1.7%

 7. London

Number of individuals with a net worth of $5 million or more: 50,305

Percentage of global population: 1.7% 

  1. Los Angeles

Number of individuals with a net worth of $5 million or more: 71,035

Percentage of global population: 2.4%

  1. Hong Kong

Number of individuals with a net worth of $5 million or more: 73,430

Percentage of global population: 2.5%

  1. Tokyo

Number of individuals with a net worth of $5 million or more: 81,645

Percentage of global population: 2.8%

  1. New York

Number of individuals with a net worth of $5 million or more: 120,605

Percentage of global population: 4.1%

 

I wish this list could be sent to every American voter before they file their taxes. 

Or, better yet, before they cast a vote.

 

Hat Tip: CNBC

 

About The Author

Mark Meckler

Mark was a co-founder of the Tea Party Patriots, and served as the national coordinator. He left the organization to work more broadly on expanding the self-governance movement beyond the partisan divide. Mark appears regularly on television in outlets as diverse as MSNBC, ABC, NBC, Fox News, CNN, Bloomberg, Fox Business and the BBC. He’s highly sought after for the tea party perspective from print and electronic media outlets, from the Wall Street Journal, New York Times, L.A. Times, Washington Examiner, Politico and the The Hill. Mark blogs at MarkMeckler.com, and his opinion editorials regularly run in many of the leading political newspapers both on and offline. Mark has a BA in English from San Diego State University and graduated with honors from University of the Pacific, McGeorge School of Law in 1988. He practiced real estate and business law for almost a decade. For the last eleven years of his legal career he specialized in Internet advertising law. When not fighting for the future of our nation, Mark is an avid horseman, and lives in rural northern California with his wife Patty and two children.