3 ms·
>This website is full of rich techies so won’t affect us. However will affect less well-off people negatively. Just imagining the less well off losing huge chu
by cool_dude85 5y ago
>This website is full of rich techies so won’t affect us. However will affect less well-off people negatively.
Just imagining the less well off losing huge chunks of their 401ks, IRA savings, pensions, and so on when Uber loses 2% of its market cap... it's giving me chills!
Volunteer at a shelter this weekend, folks. Many of those less diversified individuals in the bread line will have seen their net worth drop double digit percentage points.
- isoskeles 5y agoThat's one interpretation, although I believe the implication there was that the less well-off person is more affected by the actual price of rides than by the price of stock.
- completelylegit 5y agoA small price to pay for fair wages on a more level playing field. I’m not too concerned with the 401k / IRA losses when those gains wouldn’t have happened if contract drivers weren’t taken advantage of to begin with. Easy come, easy go!