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Raising the minimum wage would do one of two things. It would either do nothing (in the places or at the jobs that are already being paid above minimum wage) or it would reduce employment for the people recieving minimum wage. The only way to make a minimum wage have the desired effect (assuming the desired effect is to have those on the lower end of the income spectrum receive higher wages without job losses) would be to force businesses to opperate at lower profits. But this would help force more jobs overseas, or force businesses to employ more illegals.
Honestly, I think a petter poverty cure would be to focus more funding on schooling. The economics behind raising the minimum wage don't show it to be an effective anti-poverty measure (past a certain point).
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