Another $8 an hour, as many have pointed out, funds an awful lot of automation. I manage Chinese suppliers, and even with the hourly wage they pay, it's worth it to automate. One of my suppliers reduced his workforce from 8k to 5k workers in just under a year. That's a lot of cost savings. And Foxconn, the largest contract manufacturer in the world, announce last year an effort to automate their factories with 1 million robots, thereby getting rid of 1 million jobs. Folks crying for a big jump in minimum wage don't understand economics much at all.