I've seen it before, and like it a lot.
I really like "Fight of the Century": http://www.youtube.com/watch?v=GTQnarzmTOc I'm often able to bring up examples from that video.
Ironically, there's a Christmas themed one that deals EXACTLY with this issue (fallacy of consumption driving the economy): http://www.youtube.com/watch?v=7uKnd6IEiO0 But I think that one is less sufficient in its explanation...and not a real fair debate, so it would put off people who hold that fallacy as true.
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