People complain about income inequality and poverty.

But what does poverty mean in America?

The truth is, most poor people have cars, air conditioning, modern electronics-things even kings didn't have decades ago.

Stossel went to a food kitchen in Harlem, and asked people standing in line if they had TVs and cell phones. One man said "of course".

On this week's show, Stossel argues that wealth disparity isn't bad, because life is better when people are free. The rich get richer, and the poor get... richer.

In fact, the poorest fifth of Americans are now 20% richer than they were when Stossel was in college (and yes, that's adjusted for inflation).

Finally, Stossel shows how our exploding debt and ever growing entitlements rip off future generations, and force them to pay for benefits for boomers like John. To prove his point, Stossel "steals" toys from some toddlers

Stossel hosts a new show dissecting the news of the day and its effect on your wallet. Plus, the latest scams, hidden fees and other ways companies take advantage of consumers.