Problems such as investors don't like the raise in minimum wage?
Is it just impossible to reach you people with fact and reason? Hundreds of economists don't like the minimum wage either because it destroys jobs and distorts the labor market. As hundreds of economists have also pointed out--and Warren Buffet has publicly agreed that this is true--the best way to help long-term low-wage earners is via the Earned Income Tax Credit, which targets those who work low-wage jobs on a long-term basis and which spreads the burden much more broadly instead of directly on the backs of employers.