What is the solution to the shrinking middle class?

There is no easy solution to the shrinking middle class, but both political parties in the US do offer ideas. For instance, here are some mainstream ideas that could help to revitalize America's middle-income bracket:

• Higher Minimum Wage. The federal minimum wage has remained unchanged from $7.25 since 2009, despite the fact that the cost of living has increased by over 26% since then. Some states have already increased their minimum wage, but a new federal one more in line with current inflation could be beneficial.

• Infrastructure Investment. This would not only improve the quality of life for all Americans but also provide thousands of quality jobs for those in need.

• Marginal Tax Rates. Many believe that reducing the tax burden on lower income brackets and shifting it to higher income brackets would help restore balance.

• Tax Cuts. Many Americans also believe that tax cuts, especially for lower-income brackets, would help encourage a healthier middle class.