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

[miriam-e.livejournal.com]

:)
They were talking it up, trying to make it sound like a good thing that Australia's "Millionaire's Club" is "increasing". They weren't actually lying. They just gave an enthusiastic positive spin on it. I think they were actually saying that the reducing number of millionaires are even richer than before... which is certainly not a healthy direction to be heading. Money can be viewed as a limited resource. If more of it ends up in fewer hands then everybody else just got poorer. :(

The program's audio is online. I'm downloading it now to listen to it again, out of interest. I only heard it by accident last night because I turned on the radio early to hear something else.