Do people actually understand how welfare in America works?

[richardhutnik]

Mr Khan said:

SamuelRSmith said:

Mr Khan said:

You never watched that one episode of The Simpsons about what happens in unlicensed cabs, did you? Granted, they were in Rio de Janeiro at the time, but still... licensing and regulations exist for good reasons just as often (or moreso) than they exist for poor ones.

That's all you got out of my post?

Licenses exist because taxi companies benefit massively from them. You know how much it costs to legally drive a cab in New York? About a million dollars. Who are the only people who can afford that? The big taxi companies.

Guess who the number one lobbyists are for taxi regulations and medallions? Taxi companies.

No, but your larger points have other issues, including the catch-22 of qualified, out of work individuals (like myself). Employers don't hire us for low-end jobs, because they know as well as we do that we'll hop as soon as a real opportunity comes by, and then they don't waste training on us. In a free market society, this problem would grow rather than shrink, as you'd have such out-of-work individuals hedged out by teenagers or underqualified immigrants or something.

The Free Market is a model like every other economic model, and like every other economic model, is flawed.

As it is now, you have the reverse, you have people with college degrees working jobs that teenagers used to do.  Unemployment rate for teens is like over 80% because college graduates, seniors, and displaced professionals are working the jobs teens used to do.  I actually know one former casino executive who sat on boards who is doing tech phone support currently out in Las Vegas.