Why Obama Hearts Costco

On Wednesday morning, just hours after he wrapped up the State of the Union speech, President Obama will pay a visit to a Costco in Lanham, Maryland. There, he's likely to reinforce messages about raising the minimum wage and income inequality. It will hardly be the first time this administration has held up the discount behemoth as a model of corporate success. In his speech on the economy back in July, Obama hailed Costco as a company that "pays good wages and offers good benefits," proving "that this isn't just good for their business, it's good for America."