Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
Actually, it prevent an influx of cash at the bottom creating an inflationary run similar to the 80s.
I can indeed dictate the value of labor by passing a law. Those laws have been passed since 1933. And....SURPRISE the minimum wage doesn't only apply to burger flippers. I know, crazy isn't it! People who make low wages don't just flip burgers. Some sort garbage at recycling plants, some work cleaning hotels. Perhaps you'd be better to expand you understanding of the labor market.
Well no, you can't. Because I was working at a burger flipper job when the minimum wage went up, and the first thing they did was lay off 3 employees. The minimum wage is always zero.
If they laid 3 people off then they STUPIDLY had3 more employees than needed.
NOW let us consider....
Do we think they are stupid....
OR
Do we think you are full of shit?
Um, Alex, we'll take "full of shit" for the win!
So, I take it from your ignorance based statement, that you know very little about running a business.
No business runs so close cut to the wire. It's dangerous to do that.
If you have a store that requires exactly 5 people to operate, and you only hire exactly 5 people... what happens when one person is sick, and can't come in?
Do you shut down the entire store for the day? What happens when a person quits or goes on vacation? Do you shut down the entire store until you get a replacement?
So typically you have more people hired on, than the minimum you need to operate.
Additionally, many companies have filler positions. Positions that are not required, but serve to keep someone around if needed.
Seriously... do you really think that Walmart Greeters are absolutely required to operate the store? No. But if someone calls off, and they need an extra hand, a greeter can fill in the gap.
This is normal.
The reason they fired 3 people at my store, was because they had a opening shift, an evening, and a mid-shift. They cut back each shift by one person.
How did that work? Well each of us, was required to work more, and cover what that extra person did.
I don't know why you would think that is a crazy concept.