Yes the laws regarding minimum wage should be updated. The minimum wage is not updated. It is not updated nearly enough. It becomes a political issue whenever an increase is attempted, pitting free market purists against those fighting for a living wage. I believe the minimum wage should be indexed either with inflation or with the poverty rate. That way it removes it from the political realm and keeps the effective rate the same while adjusting to meet the current environment. I believe the forty-hour work week used should remain the same.
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