The middle class has shrunk to now being only 1/3 while fully half of Americans hold only 3% of the wealth and the top 1% owns as much as the entire middle class. What used to be the middle class are BOTH at the lower middle class and upper lower class ... according to one "breakdown."
This shows clearly the critical problem with the "redistribution of wealth" and the "disappearance of the middle class" and "growth of the underclass".