It's time to start shopping for your summer home or maybe a new yacht, because the minimum wage in Michigan is going up next week.

On March 29th, the current minimum wage of $9.25 per hour will go up to $9.45 per hour. That means everyone making minimum wage will be able to live their best life now.

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Well, everyone might be too broad of a word here.

According to the Michigan Chamber of Commerce, workers between 16 and 19 only make 85% of the minimum wage. So they will go from $7.86 an hour to $8.06 an hour.

Oh, yeah we can't forget about tipped workers. They have a minimum wage of $3.52 an hour now, so they will go to $3.59 an hour.

One last thing. If you are training for a minimum wage job, the wage is $4.25 an hour for the first 90 days . . . with no increase at all.

SO EVERYONE IS THRILLED RIGHT?!

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Well at least the minimum wage is going to be over $12 an hour soon right?

Well, I guess that depends on your definition of soon.

The schedule of increases for Michigan's minimum wage will have everyone some workers earning $12.06 an hour in the year 2030.

Twenty. Thirty.

11 years from now. Meanwhile the gas tax in Michigan might increase by 45 cents per gallon in one year, and we still pay the highest auto insurance rates in the entire universe.

This is fine though, everything is fine.

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