1. Raising the minimum wage will have little or no effect on poverty.

2. It will reduce the employment and have a harmful effect on those it is intended to help.

3. Hauling out Dan Quayle to make fun of is dripping with desperation.

"While the aim is to help workers, decades of economic research show that
minimum wages usually end up harming workers and the broader economy. Minimum wages particularly stifle job opportunities for low-skill
workers, youth, and minorities, which are the groups that policymakers are often trying to help with these policies. There is no “free lunch” when the government mandates a minimum wage. If the government requires that certain workers be paid higher wages, then businesses make adjustments to pay for the added costs, such as reducing hiring, cutting employee work hours, reducing benefits, and charging higher prices. Some policymakers may believe that companies simply absorb the costs of minimum wage increases through reduced profits, but that’s rarely the case. Instead, businesses rationally respond to such mandates by cutting employment
and making other decisions to maintain their net earnings. These behavioral responses usually offset the positive labor market results that policymakers
are hoping for."

http://object.cato.org/sites/cato.or.../pdf/PA701.pdf

It is simple common sense that it would work that way. Historically, it has never done any of those things that POLITICIANS preach about.