Posted on 05/24/2016 5:07:52 AM PDT by IBD editorial writer
Free Markets: When conservative activist Grover Norquist started arguing a couple years ago that Web-based sharing companies like Uber, Lyft and Airbnb create an opportunity for Republicans to make a comeback in cities, the idea seemed a bit far-fetched. A new survey shows that he was on to something.
(Excerpt) Read more at investors.com ...
In New York City, for example, Uber has taken the unusual step of operating its service under the regulations of the NYC Taxi & Limousine Commission (TLC). And now the TLC is taking steps to regulate Lyft out of business ... and Uber is one of the parties in the legal action against Lyft.
Well, a lot of young people in the cities CHOOSE not to own a car. They don’t need one to get to work, or to go shopping, they can’t drive one when they’re going out to party with their friends or they’ll booked for drunk driving, and it’s a financial drain to pay for insurance, maintenance, parking, etc for something you may only use a couple times a week.
If you really need a car once in a while, you can get a Zip Car membership for a lot cheaper than the expense of keeping your own car.
Well, that is nothing new with businesses. They are in it to make profit for themselves, and don’t usually have any scruples about screwing the competition.
True. It is a sign of poverty to have to moonlight as a cab driver.
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