4 ms·

All I can think is that you saw "less informed" and read "idiot", but that's not what I wrote. Not everyone makes it a hobby to optimize their finances down to

by tdeck 6y ago

All I can think is that you saw "less informed" and read "idiot", but that's not what I wrote. Not everyone makes it a hobby to optimize their finances down to the last detail - in fact most people don't. I'm probably leaving money on the table with my retirement savings - perhaps there are lower cost funds or tax-loss harvesting I could be doing if I spent hours each week reading personal finance blogs. That doesn't mean I'm an idiot, and it's the same with drivers who don't necessarily calculate wear and depreciation for every last mile.

EricE 6y ago
So to save the “less informed” CA politicians passed a hideous, law written for the legislature by unions and ended up taking out a bunch of industries besides just Uber and Lyft. My favorite group are all the liberal tech writers, the majority of which fell under AB5 and are now freaking out too. Unintended consequences are often far more damaging than just letting markets sort things out. And who says making less than minimum wage is always a bad thing? A lot of people drive for these services as supplemental income. It’s NOT their primary income, yet all your arguments are coming solely from that perspective. How presumptive of you.