Quote:
Originally Posted by misher
No I'm saying the taxi industry played by the rules and paid a huge amount of money for their licenses. You can't just say too bad and kick them to the curb. The taxi industry has been heavily regulated with the government setting the amount of taxis that can operate. That level of control can't just be given up. Plus the taxi industry has played by the rule and spent millions on licenses that would then become worthless. Even the prices taxis charged are set by the government.
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What industry and the employees in that business have ever been protected by the government from technological change, bad management, competition or changing consumer tastes.
To the best of my recollection (outside of Quebec), none. So all the share holders, investors, employees and debt holders of thousands of companies who have lost money and jobs as a result of becoming redundant, because of technology or competition or bad business decisions or whatever get nothing.
So why should taxi drivers, companies and owners get anything because their companies are put out of business because of technology, completion, etc get protected by the government? What makes them different from every other industry?