Poverty and Minimum Wage

Now that it's fashionable again to talk about poverty, can we get on with fixing the minimum wage? It's at $5.15. Work 40 hours a week for 50 weeks a year and that's $10,300. Here's a brief history of the Federal Minimum Wage. I don't want to lose all my street credit in the Libertarian community, but this is unacceptable.

Pop quiz: who is the only president to never a preside over a wage increase?...ok I'll tell you. GWB is the only one...though Reagan's is debatable: it went into effect on the day of his inauguration. They both cut taxes for themselves.