>a glut of taxi drivers made it impossible to make a living as a taxi driver Then don't be a taxi driver. Supply will return to a more sustainable level and th

>a glut of taxi drivers made it impossible to make a living as a taxi driver Then don't be a taxi driver. Supply will return to a more sustainable level and then suddenly it will be profitable again to be a taxi driver. Instead now we have an artificially restricted supply of taxi drivers so that the state and its cronies can profit off the sale of taxi medallions. Please.