Is the media underestimating the effect of extreme income inequality?

We often hear from the media that President Trump's rating are low despite the strong economy, but they never bring that into context with the extreme income inequality. News outlets like CNN and MSNBC have corporate sponsors whose shareholders are doing very well in a growing economy due to the current structure, while average people are kept down due to things like a low minimum wage, outsourcing and large trade deficits. Fox News comes under this affect , and they also prescribe to the conservative ideology which is naturally disregarding of the issue. People can recognize that the economy is getting stronger,creating more jobs, but they also realize that wages are still low.