{"id":59967,"date":"2016-08-19T05:00:32","date_gmt":"2016-08-19T10:00:32","guid":{"rendered":"http:\/\/www.shotinthedark.info\/wp\/?p=59967"},"modified":"2016-08-14T00:50:56","modified_gmt":"2016-08-14T05:50:56","slug":"concentration","status":"publish","type":"post","link":"http:\/\/www.shotinthedark.info\/wp\/?p=59967","title":{"rendered":"Concentration"},"content":{"rendered":"<p>Joe Doakes from Como Park emails:<\/p>\n<blockquote>\n<p class=\"p1\"><span class=\"s1\"><a href=\"http:\/\/www.wsj.com\/articles\/the-rich-get-richer-as-billionaires-increase-in-number-1470628860\">Wall Street Journal article headline<\/a><\/span><span class=\"s2\"> says \u201cRich Get Richer as Billionaires Increase in Number\u201d (hidden behind its pay-wall, must subscribe to read).\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">\u00a0<\/span><span class=\"s2\">Headline implies world-wide economy is booming, but other possibilities include:<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">\u00a0<\/span><span class=\"s2\">The world-wide economy is failing and the remaining wealth is consolidating in fewer hands as the middle class loses upward mobility; or<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">\u00a0<\/span><span class=\"s2\">The world-wide money supply is increasing as governments print money to prop up welfare programs, and the resulting inflation makes \u201cbillionaires\u201d out of people who previously would have been \u201cmillionaires;\u201d\u00a0 or,<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">\u00a0<\/span><span class=\"s2\">The statistics are lies.<\/span><\/p>\n<p class=\"p1\"><span class=\"s2\">\u00a0<\/span><span class=\"s2\">Hard to tell which factor \u2013 or combination of factors \u2013 is correct.<\/span><\/p>\n<p class=\"p2\"><span class=\"s2\">\u00a0<\/span><span class=\"s2\">Joe Doakes<\/span><\/p>\n<\/blockquote>\n<p class=\"p2\">As with most things economic, I say &#8220;both&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Joe Doakes from Como Park emails: Wall Street Journal article headline says \u201cRich Get Richer as Billionaires Increase in Number\u201d (hidden behind its pay-wall, must subscribe to read).\u00a0 \u00a0Headline implies world-wide economy is booming, but other possibilities include: \u00a0The world-wide economy is failing and the remaining wealth is consolidating in fewer hands as the middle [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-59967","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/59967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59967"}],"version-history":[{"count":1,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/59967\/revisions"}],"predecessor-version":[{"id":59973,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=\/wp\/v2\/posts\/59967\/revisions\/59973"}],"wp:attachment":[{"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59967"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.shotinthedark.info\/wp\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}