Yes, those in the video display a lot of ignorance, social/political naivete and lame economic understanding. They do paint a broad brush hopeless picture.
The older generations are the ones responsible for allowing the younger generations to degrade to the state they are in. When you turn your children over to TV, pop music, movies, and public schools, this is what happens.
This cannot be denied - "we have met the enemy and he is us" (Pogo) - so who will act as the anti-enemy?