One thing all economists seem to overlook is the supply and demand of human beings. This can otherwise be described as ‘people inflation’. When the supply of people is too large, food and other valuables we take for granted become more scarce. Wages also tend to go down as a result. The reason why there are now so many low-paying jobs in the United States, is because there are so many extra people for the labor that is required. Someone will work for the low wages when those jobs become available. - See more at: http://www.ingeniouspress.com/2015/02/12/people-inflation-generalists/#sthash.2eu7kXaY.dpuf