It's too little. Period.
And you do need some minimum of clothing, electricity and gas. So your 132 ( which isn't 132 because the 11,700 is gross not net) is whittled down to nothing. Suppose the person doesn't like beans? Or rice? Or can't eat them for some medical reason?
C'mon PIA, unemployment in NYC can reach 23,000 a year .

"The liberals can understand everything but people who don't understand them."
Lenny Bruce

"The cleverest of all, in my opinion, is the man who calls himself a fool at least once a month."
Dostoevsky