Why don't we have enough cabs? Because Uber was allowed to use vast sums of private capital to back market-hostile moves and create a world where it had to exi

Why don't we have enough cabs? Because Uber was allowed to use vast sums of private capital to back market-hostile moves and create a world where it had to exist. We've regulated cab fares for decades, because as a society through government, we've decided that it's exploitative behavior that is an ill, not "a slick/fair idea". The part where this really goes off the rails is "id rather pay $200 than wait 2 hours". That's because you can time-price your time out to that level. The average american solider is earning $33K a year, I don't want to make assumptions, but I'd be mindblown if there is a choice to be made here.