The quality of the "standard" minimum wage studies is pretty bad, and it should worry people that there has effectively been no upper bound found on the effects of minimum wage. If someone claims they found an infinite money glitch hack of the economy, it probably deserves some scrutiny (Dube did propose an upper limit of 60% the median wage, but it was very informal).
> obviously it will cause some severe disruption but one lesson of the last couple of years is we can adapt to labor changes.
If the adaptation is more young workers move back in with their parents and more women leave the workforce, then yeah I guess? At this point you are being pretty tacit that the tradeoff between higher wages is lower labor force participation.