Good news...

…via Ezra Klein.

This week, low-wage workers will get their first mandated pay increasesince 1997, when the first phase of the Democrats' minimum wage bill comes into effect and boosts the federal minimum wage from $5.15 an hour to $5.85. The minimum wage will then increase by 70 cents every till 2009, when the national minimum wage will come to rest at $7.25.

Of course, it's good news about what's just a good start. My man John says $9.50 by 2012.

I say at least.