How Did It Get This Bad? – Second Thought SUBSCRIBE HERE: http://bit.ly/2nFsvTS New video every other Friday! Have a topic idea? Send it to us here: https://forms.gle/gihjqi21cZe7ncWr5 Citations and Further Reading: Clips (Originally regrouped by https://www.instagram.com/pano.dime) https://youtu.be/u-vH31VD7GE?t=2518 https://x.com/MollySOShea/status/2038273861104406971 https://youtu.be/3Fx5Q8xGU8k?t=14 Statistics https://www.cbsnews.com/news/americans-credit-card-debt-buy-groceries/ https://www.nbcnews.com/business/economy/january-jobs-revisions-trump-rcna258398 https://www.bls.gov/opub/ted/2026/real-average-hourly-earnings-increased-0-1-percent-from-june-2025-to-june-2026.htm#%3A~%3Atext=Go-%2CReal+average+hourly+earnings+increased+0.1+percent+from+June+2025+to+June+2026%2C-July+20%2C+2026 https://www.theguardian.com/news/2026/jun/30/number-of-billionaires-world-ai-wealth-ubs#%3A~%3Atext=an+accelerating+rate.-%2CBillionaires’+wealth+grew+by+25%25+on+average+in+the+year+ended+in+April%2C%2C-compared+with+a https://thehill.com/business/5779004-elon-musk-still-worlds-richest-man-on-forbes-billionaires-list/#%3A~%3Atext=The+billionaire+class+is+also+richer%2C+worth+a+combined+%2420.1+trillion+dollars%2C+which+is+%244+trillion+more+from+last+year https://finance.yahoo.com/news/super-richs-wealth-concentration-surpasses-gilded-age-levels-210802327.html https://www.theguardian.com/inequality/2025/dec/10/just-0001-hold-three-times-the-wealth-of-poorest-half-of-humanity-report-finds#%3A~%3Atext=Just+0.001%25+hold+three+times+the+wealth+of+poorest+half+of+humanity%2C+report+finds https://x.com/PeterMallouk/status/2065868130937614510 https://web.archive.org/web/20260616144739/https://www.forbes.com/profile/elon-musk/ https://www.nytimes.com/2025/11/06/realestate/first-time-home-buyers.html?login=email&auth=login-email#%3A~%3Atext=The+path+to+homeownership+continues+to+get+longer%2C+with+the+median+age+of+first-time+home+buyers+hitting+an+all-time+high+of+40+in+2025%2C+according+to+a+report+from+the+National+Association+of+Realtors https://www.pewresearch.org/short-reads/2021/07/28/americans-views-about-billionaires-have-grown-somewhat-more-negative-since-2020/#%3A~%3Atext=A+narrow+majority+of+Americans+(55%25)+continue+to+say+billionaires+are+neither+a+good+thing https://edition.cnn.com/2026/07/16/business/people-economy-inflation-childcare-housing-jobs https://www.nytimes.com/2026/07/14/business/energy-environment/pjm-electricity-prices-data-centers.html?eafs\_enabled=false https://fortune.com/2026/05/28/americans-going-hungry-new-york-fed-says/#%3A~%3Atext=One-tenth+of+respondents+reported+not+having+enough+food+to+eat+or+that+their+children+missed+meals https://www.nokidhungry.org/blog/how-many-kids-united-states-live-hunger#%3A~%3Atext=1+in+5+kids+in+the+United+States+is+living+with+hunger https://www.reuters.com/world/us/millions-lose-food-stamps-under-trump-cuts-arizona-is-hardest-hit-2026-06-24/#%3A~%3Atext=More+than+4.7+million+people+nationwide+have+lost+their+Supplemental+Nutrition+Assistance+Program+benefits%2C+also+known+as+food+stamps%2C Michael Froman https://newrepublic.com/article/137798/important-wikileaks-revelation-isnt-hillary-clinton https://www.truthdig.com/articles/photo-of-the-week-obama-who-let-citigroup-staff-his-first-cabinet-calls-for-voter-solidarity/ Oil profits and power https://www.pbs.org/newshour/economy/major-oil-companies-reap-massive-profits-as-u-s-and-iran-fighting-drives-energy-prices-higher https://www.opensecrets.org/industries/indus?cycle=2024&ind= Follow and Support Second Thought! Twitter: https://twitter.com//_SecondThought Patreon: https://patreon.com/secondthought BuyMeACoffee: https://www.buymeacoffee.com/secondthought CashApp: $JTChapman About Second Thought: Second Thought is a channel devoted to education and analysis of current events from a socialist perspective. Welcome! Business Email: secondthoughtchannel@gmail.com For individuals or small businesses looking for one-on-one production training, I offer hourly consulting services as well. Send inquiries to jtchapmanchannel@gmail.com
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