Actually, the scary thing is that a larger and large number of the "new jobs" in the economy are towards the bottom end of the scale. Bumping up the minimum wage also means that the entire wage scale goes up a notch. That's not a bad thing- people need "living wages", and there hasn't been a change at the bottom line in over a decade....relative to the major changes at the top end of the scale.
You call it damage. I call it trickle-down economics at it's finest- poorer people tend to actually spend more of their income by % than rich ones, and the more money being spent and circulating in the economy, the healthier it becomes. A system where wealth pools and stagnates is a Bad Thing.