It’s going to be a good day for many millions of American workers when the 110th Congress raises the minimum wage.
But why not pass something durable: A minimum wage increase with a cost of living adjustment built in, adjusted every three years in a way that’s predictable for small businesses and protects the meager purchasing power of those unfortunate enough to have to toil for the nation’s lowest acceptable salary.
Why not solve this problem once and for all? Because, alas, the Democratic party loves to bask in solving it time and time again. See you again in 2017, you great, grandstanding champions of the little guy.