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We only reduced poverty in this country by a few percentage points. last year we spent $668 trillion -- pardon me, billion dollars in the war on poverty. 126 government programs. what do we have to show for it? at the end of the day, you really can't buy yourself out of poverty. >> by the way, if viewers would like to hear the president continue to speak, go to fox news.com, it's streaming online. lets take a look at the median household in come, middle class when president obama came into office $55,958. these are the folks he's talking about. now the latest stat from november of last year, i...

>> one of the issues the president's going to try and tackle now in 2014 is what he deems income inequality. i want to bring a very important chart that shows what's happened to middle-class people since obama was inaugurated. look. 2009, median income, $55,958. five years later, november of 2013, $52,163. david, is the president presenting a false argument, at least under his administration? because middle-class people are doing worse under his administration. >> for a variety of reasons. let's just start with you can't blame obama for everything, but five years into a recovery shows you that...