Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers

MicroWave@lemmy.world to News@lemmy.world – 370 points –
Lyft and Uber say they will leave Minneapolis if the mayor signs a minimum wage bill for drivers | CNN Business
cnn.com

Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday that would set a minimum wage for rideshare drivers.

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That is a weird takeaway from this.

Government: We believe that you need to pay your workers more because we feel like it's not enough.

Companies: The workers agreed to the pay when they signed on. If you make us pay them more, we cannot afford to pay the workers without raising our rates to levels that people don't want to pay for.

Government: You will pay them more money.

Companies: We can't afford to do that so we will be pulling out of this area and now they will make exactly $0 and now people have fewer transportation options.

Government: We did it, we successfully raised people's earnings to $0! pats self on back for a job well done

How is this any different than a fast food chain illegally paying someone under minimum wage? Then getting shut down for not acting legally?

If you can follow the laws, you don’t exist.

Everyone else has to play by the labor laws rules. If you can’t afford it, go out of business.

Stupid take, incredibly dumb.