A higher minimum wage helps increases inflation.
So not only do you have to pay more for average services but your money will be worth less...worth less... worthless.
I saw a great example of that in Australia. The exchange rate was close to 1:1 last June when I was in Sydney. EVERYTHING cost more. Young people could not afford houses (even the shacks there went for over $300,000). The BIG news was that they’re claiming that people there can’t live on the minimum wage and that it should be raised FROM, as I recall, about $18 / hour. RAISING THE MINIMUM WAGE DOES NOT LIFT PEOPLE OUT OF POVERTY. It just moves the line as to what constitutes poverty.