Increasing the minimum wage is win-win. On a human level, it is simply the right thing to do and demonstrates that we as a country respect the dignity of work. And the economics are unequivocal. Raising the minimum wage increases the take-home pay of low-wage workers, initiates an upward spiral for all wages, does not cause unemployment, and can actually create jobs by stimulating the economy.
-University of Tulsa economist Scott Carter (Source: http://bit.ly/1lVJyy6)