To follow up on my inequality post from earlier today, the new Employment Cost Index from the Bureau of Labor shows compensation falling behind inflation, which means that, in real terms, workers are making less money this year than they did last year. Indeed, according to new revisions from the GDP report, the average workers has lost 1.2 percent of his real income a year between 2003 and 2005. So here’s your awesome economy: Most Americans are getting poorer.

Ezra Klein is a former Prospect writer and current editor-in-chief at Vox. His work has appeared in the LA Times, The Guardian, The Washington Monthly, The New Republic, Slate, and The Columbia Journalism Review. He’s been a commentator on MSNBC, CNN, NPR, and more.