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So minimum wage in Manhattan should be set at $50/hour?
by qwerty888 13y ago
So minimum wage in Manhattan should be set at $50/hour?
- krapp 13y agoIf it's impossible to survive in (or on, whatever) Manhattan for less than that, then yes. But I suspect there's a more flexible reality to the market than your question implies, given that people there already work for less than that and aren't dying in the streets as a result. A minimum wage just means you can't decide one day that sales are down and now everyone makes 2 cents an hour to cover costs [1]. It means there should be an implicit minimum cost to maintaining a human workforce, because people need to eat. [1]obviously not an economist
- smileysteve 13y agoNo,because rent in Harlem (a few train stops away) requires less to live on.
- artsrc 13y agoIf there is 1 adult with 3 children it is close: $41.91 http://livingwage.mit.edu/places/3606151000 http://livingwage.mit.edu/places/3606151000