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    Commentary: The middle class isn't shrinking

    by Brad Schiller, Los Angeles Times Feb 01, 2019 3 minutes

    It has become an accepted notion in many circles: The middle class is shrinking, while the rich are reaping the bulk of the spoils in a growing economy.

    As proof, proponents of this view point to government data showing that the median household income (adjusted for inflation) fell from $60,002 in 2000 to only $58,476 in 2015.

    But in fact, the whole notion of a shrinking middle class is a myth. Here's why.

    When you compare household incomes over time, you have to look at identical

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