This is the classic right-wing argument... "we cant raise the minimum wage because it'll make everything too expensive."
1. That's not true, and you can look at many other countries where the minimum wage has gone up on a curve that more closely parallels productivity and cost of living. Prices have inflated 20-30% on many high ticket items (cars, tuition, rent, many foods) without an increase in minimum wage.
2. Raising the minimum wage might also motivate people to "get their lazy asses off welfare" (paraphrased from republicans) because there is actually a monetary incentive to do so. I have friends that used to complain social services cheques were too high " why would they get a job when they're making 80% as much just to stay home and get paid by the government?!"
3. Corporations are cutting jobs anyways, so raising minimum wage isnt the primary factor in job loss/creation
4. Raising minimum wage to a living wage will actually free up hundreds of thousands of positions because people working two full-time minimum wage jobs will be able to afford to work just one (which was the original intent of a minimum wage in the first place).