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The Truth About the Economy They Won't Tell You | Graham Elwood

721 views · Published 10 February 2018 · 12:44 · Indexed 12 November 2026

Channel: Graham Elwood · 2018 · News & Politics

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The Truth About the Economy They Won't Tell You | Graham Elwood

In this video, Graham Elwood discusses the mainstream media myth of a "good economy", examining stagnant wages, consumer debt, the 2008 financial crash aftermath, and upcoming economic instability.
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📚 Sources & Further Reading:
1. Wikipedia - Economic bubble: https://en.wikipedia.org/wiki/Economic_bubble
2. Wikipedia - 2008-2008 financial crisis: https://en.wikipedia.org/wiki/Financial_crisis_of_2007%E2%80%932013
3. Wikipedia - Wage stagnation in the United States: https://en.wikipedia.org/wiki/Wage_stagnation_in_the_United_States
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In this video I discuss the following: 
✅ The mainstream media myth of a "good economy" and the disconnect between the stock market and working Americans
✅ Wage stagnation, rising consumer debt, healthcare costs, and the lasting fallout from the 2008 financial crisis
✅ Republican tax cuts, neoliberal economic policies, and the urgent need for progressive political representation

⏳ Timestamps: 
00:00 - Introduction & Corporate Media "Good Economy" Myth
02:30 - Wage Stagnation, Private Sector Pay, and Consumer Demand
05:00 - Personal Financial Struggles, Healthcare Premium Increases, and 2008 Crash Fallout
08:00 - Bailouts, Asset Bubbles, and James Galbraith on Consumer Debt Expansion
11:00 - Upcoming Economic Instability and Electing Progressives in 2018

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