Archive for the 'income inequality' Category

One of the most spoken about and controversial solutions to the income gap is raising minimum wage in New York City. Having first heard of raising minimum wage years ago, it seemed like a positive step initially; however, now, I am quite skeptical. Being that New York City is an expensive city so live in, […]

Despite strong advocates and equally as strong opposition, it seems both the federal and state government alike have decided income inequality in this nation needs to be addressed in the form of an increase in the minimum wage. Mayor de Blasio recently passed a bill targeting some 18,000 New York City workers who work on […]

Minimum wage is a polarizing issue that has been argued for years because one side believes it will help the poor while the other side believes it will not benefit the intended workers. I have personally wondered about the right course of action regarding minimum wage ever since a teacher told me that minimum wage […]

Both the argument for and against a higher minimum wage is plausible and understandable. Those for the increase suggest that it will help alleviate poverty, while those who are against it suggest that it will do little since the supply of workers will increase will the supply of jobs will decrease. Despite the naysayers, both […]

Living in New York throughout my whole life, my family and I have experienced firsthand the fluctuations of rent prices throughout the suburbs, and the drastic changes that have occurred post-recession. As a family of immigrants, coming to New York was a great opportunity for my parents to be able to live reasonably in a […]

Many people think of New York City as the place to be. It provides numerous amenities and attractions, so that its visitors are never bored. Every destination is only a convenient train ride away (Despite all the train delays). The city is extremely diverse, so items and foods from different cultures can easily be found […]

Class 14: Living Wage – Does Raising Minimum Wage Help? While many minimum wage workers strive for the government to raise their minimum wage, it is hard to imagine how many of them gave a deeper thought about the long lasting consequences behind their actions. It is very likely that a general raise in minimum […]

All my life, I have lived in Brooklyn in a modest house that my family has occupied for over 60 years (and owned for the last 30). Over the years, my family has seen people come and go from the neighborhood as well as seen the surroundings around them dramatically change. In the City-Wide Analysis […]

You get what you pay for. That’s the price of living in New York City, for all its lights and sounds, convenience, and reputation. And maybe opportunity? NYU Furman Center’s article on rent in New York City really showed some grave news for the lower income renter. With rent rising (11%) and income stagnating (2%), […]

While new developments are springing up in all boroughs, thus showing recovery from the recession and Superstorm Sandy, neighborhood rezonings and a new focus on strengthening properties from future storms has been put into plan. I had always lived in a house on Staten Island, with my parents paying mortgage. Recently, I had moved out […]

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