This week on CounterSpin: Virtually every newscast will contain some item about “the economy.” It’s always been a very inexact way to talk: The economy encompasses many factors and many actors. But as a new report underscores, even if we’re just talking about people’s economic well-being, speaking in broad terms doesn’t just miss a lot, it’s anti-explanatory; it obscures more than it reveals. The report is called The Road to Zero Wealth: How the Racial Wealth Divide Is Hollowing Out America’s Middle Class. It explores why that wealth gap exists, and how we might intervene to turn it around. Because if we don’t, we are driving the country toward what authors describe in no uncertain times as a “racial and economic apartheid state.”

Plus we take a quick look back at recent press, including Trump’s North Korea threats and the Senate’s massive military hike.

ON Counterspin | September 26, 2017 | 6:30pm

Dedrick Asante-Muhammad on the Widening Racial Wealth Gap

This week on CounterSpin: Virtually every newscast will contain some item about “the economy.” It’s always been a very inexact way to talk: The economy encompasses many factors and many actors. But as a new report underscores, even if we’re just talking about people’s economic well-being, speaking in broad terms doesn’t just miss a lot, it’s anti-explanatory; it obscures more than it reveals. The report is called The Road to Zero Wealth: How the Racial Wealth Divide Is Hollowing Out America’s Middle Class. It explores why that wealth gap exists, and how we might intervene to turn it around. Because if we don’t, we are driving the country toward what authors describe in no uncertain times as a “racial and economic apartheid state.”

Plus we take a quick look back at recent press, including Trump’s North Korea threats and the Senate’s massive military hike.

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