[throwaway0a5e]

>Why are you confident it will suppress wages?

The same mechanism you see uncoordinated price fixing, companies set their numbers by copy+pasting from their competitor +/- a little depending on the details.

I think noncompetitive companies will be forced to increase wages initially to compete but after that initial spike the numbers will become much more sticky.

[no_wizard]

Raising the floor is I think is a major win.

Numbers right now are already sticky, I'd argue.