@markr Very true. Ideally, the city would have managed taxi plates (medallions), increasing the supply every year so that it approximately matched the number of drivers the market would support, instead of freezing it at an artificially-low level so that plates were selling for $500K+ on the secondary market (before Uber and Lyft wiped out their value).
@ajsadauskas @technology The one thing I don't sympathise with in that list is the taxi services — at least here in #Ottawa, they were even more exploitative than Uber or Lyft, with a small number of plate holders acting as feudal lords for the drivers, and extracting rent from their vassals even on a bad shift with few fares.
The city could have fixed that by issuing more plates, but the plate-owner lobby was too powerful.