Hundreds of local cab drivers have filed suit against the car service Uber.
Tony Logan takes pride in being a taxi driver. He’s been driving for 23 years, but business has been down and he blames it on Uber, the company that connects passengers with cars through a smart phone app. Logan and other Atlanta Taxi drivers have filed a class action lawsuit against Uber and Uber drivers.
Logan goes on to say he’s for fair competition but wants Uber subjected to the same regulations he is. With all due respect, Logan and his follow taxi cab drivers are going after the wrong people. The problem is Atlanta caps how many taxis can operate in the city by requiring the ownership of a medallion. This drives up prices and stifles innovation.
I maintain policies like the medallion system in Atlanta and other places harm low and moderate income people by preventing them from entering a business that could lift them out of poverty and raise their standard of living. Toss out the medallion system and let taxi drivers, Uber drivers, Lyft drivers and whatever other ride share companies’ drivers who want to, compete for business.
Below is a video I produced that makes this point. If we really want to help low and moderate income folks, do away with regulations that unnecessarily block access to jobs. Georgia requires licenses and training for a host of jobs. Some of these requirements are necessary but often times they are not – to the detriment of honest hard working people.