Washington Imagined It Would Become a Big-time Business Town. Of Course That Never Happened.

  • 📰 politico
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 59%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The commercial scene was never meant to catch up in a city of politics and government titans.

. “He’s not interested in power; he’s interested in sales. It’s not that he hates politics. It’s worse. He’s largely indifferent.”

And then, soon after Snyder bought the football team, Virginia-based AOL bought Time Warner, unleashing a new torrent of excitement about the rise of the D.C. area as a business capital — and the tumbling cachet of the political careerists who had nothing to do with this new geyser of wealth. And it means Washington also remains a place where, thanks to an accident of geography, those relatively ordinary local-business types occasionally wind up rubbing awkward elbows with globetrotting statesmen and history-shaping politicians.

The $160 compendium of the region’s worthies lists the city’s power players, complete with details of their summer addresses, kids’ private schools, correct salutations and order of precedence for who gets the place of honor at a dinner party. The professor earned his grim reputation by spending the last decade reminding triumphalists that Washington’s economy remained overwhelmingly tied to government, and had actually grown more slowly than others once austerity hit. But he expressed a certain sympathy when I asked him about the old tic of local firms taking on airs as a result of serving the capital of the free world.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 381. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Football is not as u suggest in our case. The Team is part of us.

Australia Australia Latest News, Australia Australia Headlines