What do you mean? You'd rather the rich be really rich and the rest be poorer because of it? I don't get that.
This is going to start a whole new discussion.
No, the exact opposite. Here's how I see it. If you increase the minimum wage, businesses will either be able to pay for it (Cool, but that's unlikely for small businesses which are already being hit hard) or they can't afford to hire as many workers, so they cut numbers. They could raise prices too but that just exacerbates the problem in another way. Thus you end up with fewer workers but the workers who stay on earn more, right? Higher wages. Each worker has more money in their pocket than they did before, however there are fewer workers in general.
Or, you keep minimum the wage or lower it. This means that companies do not have to pay each worker as much and their costs are decreased. This frees up money for the business for them to either invest in the economy, in their own business, or indeed in hiring more workers. Each worker will earn less individually however more people from the country will be in work, more people will be earning something
rather than nothing
and there's potential for further growth from there.