How your tax dollars turned Washington into America’s richest city

Cronyism—the use of political power to enrich supporters, friends, and family—partly explains how Washington became awash in such wealth. Indeed, that’s why cronyism is so pernicious: it incentivizes the growth of government by bloating bills with perks and goodies that enrich the well-connected at taxpayer expense.

Until Americans put an end to such cronyism, Washington D.C. will continue to grow in wealth and influence. And like all boomtowns, with so much gold lying around for the looting, we can expect the worst elements to race to snatch up the riches.

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