The minimum wage should be increased, companies will adjust, people will make more money and the world will not collapse. Think of the reverse. What if we made it a law that a certain job cannot be paid more than X per hour, would that make us all prosper? BTW, this was actually passed into law by the very founder of modern conservative thought, Edmund Burke. The conservative movement has always been afraid of a prosperous middle class. They are scared to death of a dwindling pool of cheap labor too. That is why Trump's fixation on illegals is so absurd, he loves illegal labor and so do all the conservative farmers, ranchers, vintners, dairies, meat packers, golf course owners, horse ranchers, etc. What would they do without them?