How can the government address the issue of declining real wages as criticized by the Congress
Congress has criticized the government for the unprecedented decline in real wages, calling it the 'proverbial ostrich'.
- Implementing policies to increase minimum wage levels to ensure workers are paid fairly.
- Encouraging job growth in industries that offer higher paying opportunities.
- Investing in education and job training programs to help workers develop skills for higher-paying positions.
- Reviewing and adjusting tax policies to reduce the burden on lower-income earners.
- Supporting initiatives to strengthen labor unions and improve collective bargaining power for workers.
- Fostering a competitive economic environment that promotes fair wages and discourages wage suppression practices.
Answered
8 months ago