A Raise at McDonald’s – Wall Street Journal

McDonald’s Corp. on Wednesday became the latest big company to raise wages for its low-income workers, announcing plans to pay at least $1 more than the local minimum wage plus some paid vacation starting July 1 for about 90,000 workers at its 1,500 corporate-owned U.S. restaurants. But don’t expect organized labor to give the company a break today, or any day, for doing so.

The wage increase is worth cheering, assuming McDonald’s can sustain it and remain competitive. The rewards of work can and do flow to all…