Whaaaat????

[miriam_e]

Just listened to a bit of a piece on Radio National that talked up the Australian economy boasting that the number of Australian millionaires is "increasing", "swelling", "growing"... but listening carefully I noticed that it was mentioned briefly that the number is actually dropping.

I have become careful of Radio National lately because their reports seem to be getting slanted.
All the commercial stations dish up crap and the last independent broadcaster is starting to go wrong. Thank heavens for the internet.

Comments

[belegdel.livejournal.com]

a more even distribution of capital that can't be anything except good in my opinion.

Aren't you neglecting the possibility that more money is being concentrated in fewer people? Fewer "haves" that have more?

[miriam-e.livejournal.com]

That, in fact, is what they seemed to be reporting. :(
More money in fewer hands. [sigh]

[sharpblonde.livejournal.com]

i wasn't ignoring it. i simply hypothesised one possible reason... the one i would HOPE is true. i used the word the word if BECAUSE i realised it wasn't the only possibility. i