Question

Write your opinion about "corporate America is suppressing wages for many workers"

Answer 1

Wage stagnation is intractable, a result of long-term trends, like automation and globalization.The monopolistic power curbs the wages and voice against arbitration.That power make them to work for lesser wages,low standard of living conditions and less alternative for looking into other jobs even the outsourcing companies limits the wages for workers

When employers exercise monopsonistic power, wages are suppressed, jobs are left unfilled, and economic growth suffers.Combating the practices that employers use to monopsonize the labor market can lead to higher wages, more jobs and faster economic growth and to strive that governemnt should take it very seriously the mission to protect competition, which benefits both consumers and workers.