A Great Idea from IKEA

Yes, we can...if we want. IKEA has announced that it will raise the minimum wage for its U.S. employees, according to a cost-of-living formula developed by MIT applied to each city its stores are in. In other words, the pricier the city, the higher the minimum wage, which could fluctuate from $9 to $13 an hour. Fair enough, considering that the current minimum wage is $7.25 an hour, and American business has fought tooth and nail against a proposed $10.10 by Obama.

Oh, yeah. IKEA is a Swedish company, and you know how those socialists are...

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