Monday, September 11, 2006

Holy Crap

Mayor Daley exercised his power to veto for the very first time in his 17 year career as the mayor of Chicago.

Mayor Richard Daley vetoed an ordinance Monday that would have required mega-retailers to pay their workers more than other employers after some of the nation's largest stores including Wal-Mart Stores warned that the measure would keep them from opening their doors within the city's limits.

This is one of the smartest things that Daley has even done; though to be honest, the list isn't very long. Unfortunately, it may very well cost the mayor his re-election bid if this becomes a campaign issue next year.

I certainly hope that is not the case. While I have no love for Daley, the alternatives are much, much worse and losing an election for making the correct decision is not a precedent I would like to see set in my backyard.

HatTip: Greg Mankiw

More thoughts at Cafe Hayek - including some quotes from alderman that have changed their minds on the ordinance.

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