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Title : New York Urban Total Crony Fundamental Planners Striking Uber As Well As Lyft Alongside Cap On Operating Vehicles
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New York Urban Total Crony Fundamental Planners Striking Uber As Well As Lyft Alongside Cap On Operating Vehicles

 The New York City Council only passed a cap on Uber together with Lyft vehicles. What feel does this make?

You tin bet in that place is closed to crony operator behind this.  Yellow cabs perhaps?

-RW

UPDATE



From The Wall Street Journal (my bold):

The New York City Council voted Midweek to freeze novel vehicle licenses for 1 twelvemonth spell the metropolis studies ways of reducing traffic congestion, amid other steps.

Mayor Bill de Blasio, who has championed the measures, is expected to sign the legislation inwards the coming weeks.

Council members approved a parcel of bills later on months of protests from taxi drivers together with others inwards favor of them together with a drive past times the ride-hailing companies urging customers to oppose the bills.

The firms warned that the cap would Pb to reduced service inwards the outer boroughs together with to higher fares at a fourth dimension when the city’s subway together with double-decker systems are struggling.

“The city’s 12-month intermission on novel vehicle licenses volition threaten 1 of the few reliable transportation options spell doing nada to gear upward the subways or repose congestion,” a spokeswoman for Uber, Danielle Filson, said inwards a statement.

Ms. Filson added, “Uber volition utilization whatsoever it takes to proceed upward alongside growing demand.”


Joseph Okpaku, vice president of populace policy for Lyft said, “These sweeping cuts to transportation volition choose New Yorkers dorsum to an era of struggling to larn a ride, peculiarly for communities of color together with inwards the outer boroughs.”

BTW: I tin demand heed Murray Rothbard cackling at the visit that the suspension is to give the metropolis fourth dimension to written report traffic congestion.  As if in that place was no traffic congestion earlier Uber together with Lyft together with that a regime fundamental planning group could come upward up alongside a audio solution to traffic congestion.

Andrew Galambos defined a traffic jam every bit the someone sector coming together upward alongside the populace sector.

UPDATE 2

From The New York Times:

The legislation too allows the metropolis to laid a minimum pay charge per unit of measurement for drivers.

Note: This volition strength Uber together with Lyft to cutting their to the lowest degree productive describe of piece of job organisation that wouldn't endure supported past times a high minimum wage. Thus, putting closed to really depression productive workers out of work.

In short, typical regime activity, shrinking the economic scheme together with lowering the full general measure of living.

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