Labor gets more expensive, less labor is purchased. It is fundamental. Even with cuts it can be hailed as a success because of survivorship bias.
You should ask for studies to support an idea rather than assume the idea is good because nobody cites studies contradicting it. Most people know in the back of their mind you can't just raise minimum wage to $100/hour and make everyone rich. It's just a matter of degree. There will be some marginal cost of raising the price of labor. Whether it is shorter hours, fewer employees, or one less company that was otherwise on the bubble.
You should ask for studies to support an idea rather than assume the idea is good because nobody cites studies contradicting it. Most people know in the back of their mind you can't just raise minimum wage to $100/hour and make everyone rich. It's just a matter of degree. There will be some marginal cost of raising the price of labor. Whether it is shorter hours, fewer employees, or one less company that was otherwise on the bubble.