Mandated wage increases on tap to be greatest percent increase ever

When you take the $10+ new minimum wage plus add employer fines for those typically low wage employers that don't offer health insurance, you get a massive increase in the hourly cost of labor.  One that is going to lead to dislocation and lots of poor brown and black unemployment.  The scope of the stress placed upon low wage employers will be unprecedented. And if you claim your goal is to reduce income inequality, you'd never do it.  Why, Lord, why?