Subject: Taxi Driver Suicides is Latest Propaganda Push Against Uber

The Lie: Taxi drivers are committing suicide because of competition from rideshare companies like Uber.
THE DAILY BELL
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Taxi Driver Suicides is Latest Propaganda Push Against Uber
By The Daily Bell Staff - June 23, 2018


The Lie: Taxi drivers are committing suicide because of competition from rideshare companies like Uber.

The Truth: New York City forced cab drivers to buy limited supply medallions in order to operate a taxi.

This artificially limited the supply of taxis, drove up costs for consumers, and drove up salaries for taxi drivers.

When Uber empowered individuals to earn a living driving without regard for the market-killing regulations, the value of the taxi medallions dropped from $1 million to under $200,000.

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