It's not objectively good for wages to increase. As an extreme example, if the minimum wage went to $100/hr, inflation would skyrocket because demand for goods

It's not objectively good for wages to increase. As an extreme example, if the minimum wage went to $100/hr, inflation would skyrocket because demand for goods would skyrocket which would send prices for just about everything to the moon. A metric that matters a lot more is purchasing power. It's better to make $10/hr if a dozen eggs cost $2 (20% of your hourly wage), compared to making $20/hr with a dozen eggs costing $6 (30% of your hourly wage).