You clearly have no experience with small business, hiring, or running anything other than your mouth.
The owner may decide to work longer hours to compensate for an employee he can no longer afford. He may decide an expansion in personnel isn't cost justified right now, even though he has more business. He may work his existing staff longer hours on overtime rather than hire someone else.
There are myriad possibilities. But one certainty: raise the price of something you'll sell less of it.
I was born and raised in small business, fool! I know what it's like to open a store way before people go to work and stay open until dark.
You think only in terms of microeconomics as if that is the only business doing wage changes. The fact is there will be more business even if the price is slightly higher, because the people will have more money to spend.
I gave you examples of it working in other countries, so how is it possible there?
I gave you the common sense prognosis of what happens to small businesses when consumer purchasing power declines, because wages decline. The money saved by that business paying less in wages will be more than lost with consumers buy less of their product. Lowering the wages is a sure way to put businesses out of business. People aren't going to have their other expenses lowered with lower wages. The person's mortgage isn't going to become lower and neither are their other expenses to live. The person will cut back on spending and that means the businesses that depend on consumer spending will eventually fail.