Burger flippers rejoice! The federal minimum wage will go up on Thursday to $6.55 from $5.85. Too bad the minimum wage isn’t rising as fast as gas prices. Still, this is an improvement. Congress went nine years without raising the floor for low-wage workers, finally boosting the minimum last year when its value hit a 51-year low. One more bump next year will bring the federal minimum wage up to $7.25, a far cry from the $10.50 an hour paid in Santa Fe, New Mexico, but a step in the right direction. Another decade, the minimum wage might actually lift someone above the poverty line.
Right now, 25 states have minimum wages higher than what the feds set, so the hike won’t have as much impact as it otherwise might, but it’s a boon to low-wage workers in stingy states like Louisiana and Alabama that have no state minimum. Now that Congress has come this far, the next step ought to be indexing the damn thing to inflation like many of the states do. I’ve never understood why poor working people should be made to suffer so much from political gridlock. Making sure that work pays ought to be one thing people in both parties can agree on.