Have you ever actually looked at the data? All these assertions are worthless without it.
The total shrinking was 11 points, but of those 11, only 4 points of low income group expansion and
7 point upper income expansion
Which income class do you belong to, and what defines the different classes? It's said that the middle class is shrinking, but what does the data say?
www.investopedia.com
So yes we have a few more people on low income, but gained almost twice as many in high income brakets, which is an overall improvement and overall healthy distribution.