Government needs to leave private enterprises alone!

[FrodosPet]

15. Part of poor taxi service is simple economics

Most traditional taxi company owners have to rely on revenues and profitability, not on investor capital. So they cannot afford to have enough cabs to meet everyone's demand, which is NOT a constant, predictable thing. You either have too many cabs, and everyone sits around going broke until they quit or no show. Then BOOM! Driver shortage, people are waiting 90 minutes, and everyone complains that the traditional taxi business is run by a-holes who don't care about their customers.

Along comes Uber. They figured out how to be a cab company without being a cab company. They offloaded their fleet expenses onto the drivers, and then dropped rates to an impossibly low level in order to destroy their competition. And, in the process, they suborn criminal violation of various local laws regulating vehicles for hire. How is that NOT a RICO violation? Oh yeah, rich connected people are investors in Uber.

So we have an anti-worker company, started and ran by an Ayn Rand libertarian, which disregards worker and consumer protections. But if someone criticizes any part of Uber on a presumably progressive, presumably pro-labor website, they are told that they hate innovation and should shut up.