i think the chinese is relieved not to be the same place as russia is now. that is main sentiment i think is felt in beijing. >> gregg: michael, nice to see you. >> five years after the start of a so-called great recession america has fought its way back. that is speech from the president today during the first what the white house say will be a series of speeches. he wants to get back to the economy, not as he put it all these fake scandals. he spoke at college for a better bargain for the middle-class. >> this growing inequality. not just the results. inequality of opportunity, it's not just morally wrong it's bad economics. >> shep: he has some history with the college. same school as the major address back in 20057. that speech was focused on