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Well, it's actually $16.25/hour -- assuming a 40-hour week -- and fast food pays you about $10 an hour in this labor market, with you most likely to work less than 30 hours a week to make sure they don't have to provide any benefits. On the other hand, if you are in the New York area all I can do is hope you have a life partner with a high-paying job on Wall Street or Broadway.
Umm.... the minimum wage in New York City is $16 and more places will start you out a little higher. At least that is what I see on signs in restaurant windows... where do you earn $10 an hour at? NYC is $16 and New York state is like $15 now. So, if someone is only earning $10 an hour, they are being severely and illegally underpaid.