Political Humor

This might be a humor magazine, but I'll be honest on my perspective out here in NJ.

That $30 minimum wage thing scares the living daylights out of me, especially with the congestion pricing still in effect. Raising the minimum wage in the City that far will make the already ridiculous costs in NYC skyrocket. It's going to make it functionally impossible for average people who work outside NYC to regularly go in and do things. You know that business owners aren't going to eat the loss of profits, the prices will just go up to match. Rents will go up, costs will go up. I do respect the idea of trying to get to a living wage. I'd love to see a viable plan, but the best way to do it is to keep all costs down, not massively increase labor costs.

I think the bus idea is a better use of tax money than 90% of what NYC has right now, as long as the funds are focused on maintaining vehicles and paying drivers who perform well, rather than lining some suit's bank account. I don't know if that's going to be possible, but hey, the worst that happens is they try it, it fails, and the buses go back to being fare-based.

It's that wage idea that's going to really, really suck.

Someone has to pay for the busses, and for the rest of his plans. New York already has more public debt per resident than any other large city in the USA. New York also already has high taxes and a shrinking population. So yeah, I'm worried about where the money will come from. You can say "tax the rich more" but I don't think you'll have easy pickings.