Economic Naturalist Writing Assignment
A serious issue of current US economy is stagnant wages despite consistent increase in new jobs created by US employers and subsequently a decline in unemployment across USA. The paper will explain the impact of stagnant wages on life of a common man in USA with the use of relevant examples. Stagnant wages means either paltry or no increment in salaries and wages of an employee because employers are not inclined to increase their costs by increasing their salary budgets. From a common person’s perspective, the scenario adversely impacts one’s household budget and living standard because the market prices ...