(60 * 12) / 5000 = 14.4% which is about 1/7th not 1/10th. Kinda depressing where there is a glaring math error in the 2nd sentence. Edit: Well I suppose the N

(60 * 12) / 5000 = 14.4% which is about 1/7th not 1/10th. Kinda depressing where there is a glaring math error in the 2nd sentence. Edit: Well I suppose the NY median wage could have been higher than the US median wage that he quotes, but who knows? He doesn't even say.