And then immediately launches on a tangent based on a self proclaimed theory with no backup...
But one of the major points he makes is that the economy isn't actually that notably worse, because we all have a roof or something? This point strikes me as very out of touch. There are a significant number of people who are in significantly more precarious economic situations. The gap is widening due to rising housing, healthcare, education, etc costs. He does mention this but somehow manages to also dismiss it...