The Federal Reserve has released a report (but good luck finding the exact one, I was lost in cross-link hell) that shows decline in the average American's income between 2001 to 2004. Something that contrasts sharply with Bush's rose colored glasses view put forth in the State of the Union address last month.
To quote Tim Grieve from salon.com:
Of course, income averages tell only part of the economic story. Some of the other numbers are worse, and they suggest that the rich-getting-richer, poor-getting-poorer dynamic is alive and well in America today. For the poorest 20 percent of America's families, the Fed says, median net worth dropped 11 percent, to $7,500, between 2001 and 2004. For the richest 10 percent, it rose by a respectable 4 percent, to $924,100.