That’s John Edward’s favorite catch-phrase to divide the country with the Democrat staple: class warfare.

But there may be some truth to the idea that there are two Americas… one America, the Democrats’ America, sees nothing but doom and gloom, while the other America, the one based in reality, is actually in great shape.

Here’s the real story on the economy:

The mantra among critics of President Bush is that he’s been “incompetent” as chief executive. To which we respond: Looked at the U.S. economy lately?
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The Bush-is-a-failure mantra is, quite simply, out of touch with reality. What the economy’s done in the past six years, especially in view of what Bush faced on entering office, has been nothing short of remarkable.
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So what’s the real record? Since Bush’s tax cuts took effect in mid-2003:

• Real gross domestic product is up to $1.33 trillion, or 12.6%.

• Existing businesses have hired 5.9 million workers (not counting the millions of jobs entrepreneurs have created).

• Corporate profits have soared 91% to $1.6 trillion.

• Tax receipts have leapt $503 billion, or roughly 1.1 percentage points of GDP, refuting the notion the tax cuts “caused” deficits.

And thanks to rebounding stock prices and huge gains in home values, Americans’ total wealth has soared 39% to $54 trillion — the biggest expansion ever.

After such a stellar performance, a breather — what economists call a “midcycle correction” — would be in order. Yet the economy continues to power ahead.

In 2006’s final period, GDP growth was 3.5%, and it has averaged 3% since the tax cuts. Real wages rose 1.7% in ‘06, much faster than the 0.3% average of the Clinton years. In just the last 12 months, unemployment plunged from 5.0% to 4.5%, near postwar lows.

More of us have jobs, own homes and businesses, and work for higher pay than at any time in history. We’re the richest people on earth. For a change, let this story be told.

But that story won’t be told because as IBD puts it, “[R]eality can never be permitted to get in the way of Bush-bashing — the stock in trade of the mainstream media and their allies in the Democratic Party.”

Ain’t that the truth…