Just liberal nonsense? The numbers don't lie.
From American Progress:
CONSUMER CONFIDENCE SHOWS THE TWO AMERICAS: Slate's Daniel Gross puts some numbers behind Edwards' Two Americas theme. In the past, different income groups have generally trended the same direction in terms of consumer confidence. And if the economy were undergoing a broad-based expansion, if a rising tide were lifting all boats equally, you might expect that trend to continue. But under President Bush, that has changed. Today, the over-$50,000 and under-$50,000 groups are moving in opposite directions: between December 2003 and June 2004, confidence in the over-$50,000 set rose from 99.3 to 104.1. In the under-$50,000 set, it fell from 87.4 to 85.5." As Gross notes, "the growing pessimism of the poor and the growing optimism of the rich?suggest the economy's improvement isn't helping everyone."