Michael Blake: “New York City, we actually voted on having a true cost of…”

“Area median income incorporates other areas, including Westchester county, essentially, for New York city, it's about 145,000 for a family of three. However, that's not actually helping you fully understand what's happening in your community. Moreover, New York City, we actually voted on having a true cost of living in which Eric Adams has not implemented. The reason why you have to start there, if we actually understand your expenses as it relates to housing and childcare, then we can close that gap with a guaranteed income pilot specifically around those two fundamental expenses.” (04:10–04:16)

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