Mike Konczal on Economic Collapse, Hugh MacMillan on Fracking Study

This week on CounterSpin: Media tell us this week marks the fifth anniversary of the financial crisis since it was in September 2008 that global financial services firm Lehman Brothers declared bankruptcy. Meanwhile 6 in 10 tell pollsters they don’t think the country could avoid another collapse, which the Washington Post write-up called a “pessimistic outlook.” But are people pessimistic or realistic in saying they just don’t think there’s been sufficient action taken to really change things? We’ll hear from financial blogger Mike Konczal of the Roosevelt Institute about that.

Also on CounterSpin today, a new study of the controversial gas drilling tactic known as fracking seems to be good news for the industry—no surprise, since they funded it. But are the findings about methane leaks as good as the press reports make them sound? We’ll put that question to Hugh MacMillan of the group Food and Water Watch.


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