Instead of Taxi drivers staging protests and traffic jams to object to what they perceive to be unfair competition because the Taxi industry is overly burdened with regulations. Perhaps they should try to have burden of regulations reduced or removed entirely instead of sitting in a self made traffic jam and crying about it.
The Uber drivers use their own vehicles to try to make a living and to make their nice vehicle payments. I say let them work and reduce onerous expensive regulations that stifle businesses such as the Taxi industry.
There is a time and a place for everything. Maybe it is time for union controlled big Taxi business to take a ride. Sometimes organized labor such as the Taxi drivers, garbage haulers and other like them have these burdensome regulations put in place to limit or eliminate competition by making the cost of entry for a new person to compete too high.
I would say to let them all compete and let the market sort it out.
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Hey Isaac, catch! ...oops, that's gonna leave a mark...
Lets remove onerous regulations for ALL businesses and industries, and keep the relative few that are required for safety and containing pollution, (not CO2).
Once stupid regulations are thrown out, the useless govt agencies that, (supposedly), enforce them can be closed.
Throw in some tort reform to slow down the money hungry lawyers, and we'd probably have a thriving global economy.
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Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety. Ben Franklin
Yes, I dare say there is a problem here. I avoid NYC like the plague (DING!! . . . . Bring out your . . .), this being just part of the reason. But really, what the price of these medallions represents, is just another in a very long list of taxes on the people of NYC.
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