“This will do some things — it all seems fine to me — but will it increase wage growth for the bottom fifth of workers? I doubt it,” said Matt Bruenig, founder of the People’s Policy Project, a left-leaning think tank. “The most important thing for workers’ wages is that they are able to coordinate what they’ll be — to do that you need better union laws — and the dynamics of competition within firms is a much less significant factor.”

Source: Washington Post July 09, 2021 13:13 UTC