Robert Reich, who puts the agglomeration in Washington DC?

Roberts talks about the Washingon DC corridor of power, and two economies, the middle class and the powerful Here is the first:

The first is a professional, college-educated, high-wage economy centered in New York and Washington, that’s living well off of global corporate profits. Corporations continue to make money by selling abroad from their foreign operations while cutting costs (especially labor) here at home. Wall Street is making money by taking the Fed’s free money and speculating with it. The richest 10 percent of Americans, holding 90 percent of all financial assets, are riding the wave. And their upscale spending has given high-end retailers and producers a bounce.

Robert, the biggest industry on that side of the nation is you and your friends, the national government.

Our representatives in Washington see and hear mostly the first economy. The business press reports mainly on the first economy. Corporate and Wall Street economists are concerned largely with the first economy

Now you are catching on, we call this channel theory, government is not so exogenous after all. If Robert wants to find out the agglomerators of power, just look for folks with the exogenous model of central government. Look to Keynes and his buddies..