“The $15 Minimum Wage Is Here. Why We Need $33 an Hour.”

No, it’s not the Onion; it’s the New York Times. Columnist Ginia Bellafante explains:

On Jan. 1, the new minimum wage, set at $15 an hour, went into effect in New York City, and most companies employing more than 10 people have to pay it. … But how much will the new standard do to alleviate some of the most punishing aspects of the city’s affordability crisis? …

[A] report, sponsored in part by City Harvest, New York’s largest supplier of food to pantries and hunger charities … found that more than two in five households in New York City lacked the income to cover necessities. …

A single parent with two school-age children, for example would need to make nearly $69,427 a year, according to City Harvest’s Self-Sufficiency calculator. That amounts to an hourly wage of just under $33. …

What this tells us is that the arrival of a $15 hourly minimum wage cannot be considered the end of something. …

In many, many cases, a $15 hourly wage will not bring a family, or even a single person, to an adequate living standard. That hardly means the fight was worthless; it just means the war is ongoing.

What I don’t understand is why Ms. Bellafante sets her sights at a paltry $33 per hour? I’ve written before about an exciting new political organization called the “And A Pony Party.” Here’s what the AAPP’s platform has to say about the minimum wage:

Other parties advocate minimum wage laws, but only the AAPP advocates raising the minimum wage to $175 per hour and giving all workers a pony. (We ask why our political opponents lack the courage to stand up for our working people.)

Why, indeed? That’s the trouble with progressives these days. They think too small!

Jon Guze / Director of Legal Studies

Jon Guze is the Director of Legal Studies at the John Locke Foundation. Before joining the John Locke Foundation, Jon practiced law in Durham, North Carolina for over twent...

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