[chrisco255]

That's ridiculous. $140K taxi medallions are simple economics? Each $140K a company had to pay for some stupid medallion could have employed two people for a year. Medallions and protectionism just created localized monopolies that had few incentives to improve service, innovate on tech, and even provide clean vehicles. There's no other industry that needs this artificial cap, as if demand and supply can be accurately controlled for by government policy officials. What a joke.