I think most supporters of raising the minimum wage to absurd levels either don’t have a good grasp of economics, or are cynics who know they can always just blame the inevitable problems on business owners.
Silicon Valley will benefit greatly from the coming robot dot com boom. For anyone with an IQ less than one standard deviation above normal the benefits are: food stamps and an Obamaphone to track their movements.
I used to be in the restaurant business. Most of the profit comes from drinks both alcoholic and non alcoholic. If you order a meal and drink water the restaurant about breaks even. It costs about 3 cents to make a large coke, it retails for over a buck in most restaurants. Do the math.