Although a band-aid type solution, this is still long overdue. The minimum wage needs to be tied to some measure of inflation going forward otherwise we'll needlessly keep having to debate the merits of minimum wage hikes annually (spoiler alert, there's no significant correlation between minimum wage and unemployment, see https://en.wikipedia.org/wiki/Minimum_wage#/media/File:Funnel_Graph_of_Estimated_Minimum_Wage_Effects.jpg). What we really needs are more job training programs, especially vocational, so that people are not reliant on minimum wage.