Fewer than 40% of New Yorkers earn a living wage
This ivory tower definition of a &quot;Living Wage&quot; must be wrong if 60% of the people living in NY don&#x27;t hit the standard. If the city was populated by 60% people who do not earn enough to live, there would be chaos.<p>We should look at things from the other direction... what are people in the city actually earning? How are they living? What trade-offs did they make? Are they satisfied with their life? Which trade offs are they most unhappy about?