25 Comments
Give us your tired, but not your poor...
Just in time for that part of the year during which we’ll all adamantly swear we’re going to leave 1020 and go downtown tonight, for real, the NYT is reporting that the Taxi and Limousine Commission is considering a proposal to raise taxi fares as much as 20 percent. To put this into perspective, if passed, they’re speculating that your once-$20 fare to the L.E.S. would become, like, $24 as soon as mid-July.
On when we’ll know whether or not this is a thing, says the NYT:
“The city has scheduled a public hearing on the matter for May 31, when the commission is expected to consider an increase of 16 percent to 20 percent. Such hearings are almost never arranged unless a fare increase is under serious consideration.”
Better not take any chances—see you guys tonight for darts?
Excuse to hearken back to Lady Lib’ via Wikimedia Commons
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25 Comments
@Anonymous where is that youtube video?
@Le Libertarian As one commenter posted in the article: why not let market forces determine the price? If it’s raining and you really need a cab, the prices will rise. If it’s sunny, more people will walk, demand will decrease, and the prices will go down.
@Anonymous Because cab’s rates are automatically tracked to immediate supply and demand
@Anonymous *a cab’s
@... because all the cabbies will start ripping off the roughly 50mm visitors that new york sees per year and over time the reputation of the city will suffer, thus harming the local economy.
it’s called “information asymmetry.”
@Sherlock Holmes My deductive skills lead me to believe that you have a rather large excess of disposable income, my good sir.
@Anonymous Good… should make getting a cab easier. I’d support 50% or more if it meant I never have to wait. Unintended consequences, probably… Cabs are going to be cutting each other off more due to less customers and crashing more often, but it might also clear up the streets from too too much cab congestion so you might get there 20% faster anyways. But the Reality is people will stay pay, citizens get poorer and some union bosses get their house in the hamptons
@Anonymous Thanks for explaining the concept of 20% for us.
@J-Money u cheap much?
@Anonymous Sorry in response to the “Use the subway?” poster
@Why do libertarians always take the subway?
They don’t like to pay taxis!
@not to sound prude... but the TLC (Taxi & Limousine Commission) is one entity- so it’s “is considering”, not “are considering” in the link you guys provided.
@Anonymous gosh how prudish
@Anonymous Treating an organization as a group of people in the plural is the typically non-American way. Both are English.
@This is real “First World Problems”.
@alum harder to kick the habit then you think.
stopped reading spec a long time ago, but this place is too fun.
@cc '14 reading bwog as an alum is something i actually look forward to.
@Anon And laughing at all the current student’s pain and suffering! AM I Right guys?
@The Dark Hand >stopped reading spec
I like you
@Anonymous im gonna be a senior, i cant stop reading bwog, what will happen when i graduate?!??!?!??!?!?!?
plus, im most likely not even staying in the city. WAAAH.
@seas13 can someone explain to me why 6 people disliked my comment?!
@I wasn't going to dislike your comment.. …but then this post was just too sad. Dislikes for both.
@Anonymous Use the subway?
@Anonymous Sometimes spending the 1.5 hours getting home at 4am just isn’t worth it.
@Anonymous Obviously it IS worth it to take a subway if you are even able to get home by the subway at all…
20 year olds staying out until 4 am aren’t really “worth it” if you ask me.