Watch and learn. F Obama
This guy is a moron dude.
Places with high minimum wages have a pretty low unemployed rate because of a thing called economics. What this shmuck doesn't understand is that increasing the wage increases spending and investing potential. Henry ford was famous for arguing for high minimum wages, in order to be consumers of his product.
Also, his analogy is ripe with fallacies, increasing the wage may mean lay-offs but he is presuming that less man power is an option, that firing people is an option, the money will generally come off the profit or out of the consumers pocket, usually the latter.
More money in more peoples hands with abilities to invest, spend and create should be the goal of all countries.