Uber is bad because consumers aren’t paying more to crony taxi cab companies.
When a politician is described as “boosting labor” that means he or she wants to force consumers to pay more and get fewer options. Thus the U.S. News and World Report headline: “Hillary Clinton Boosts Workers, Blasts Uber.”
Hillary Clinton is out to boost labor rights at companies like Uber, a move that may resonate with some voters but could alienate small-business owners.
The leading Democratic presidential contender on Monday took a thinly veiled swipe at Uber, which is facing scrutiny for classifying its drivers as independent contractors instead of employees – a practice Clinton called “wage theft” during a speech at the New School in New York City.
“This ‘on demand’ or so-called ‘gig’ economy is creating exciting opportunities and unleashing innovation, but it’s also raising hard questions about workplace protections and what a good job will look like in the future,” Clinton said, vowing to “crack down on bosses misclassifying workers as contractors.”
Clinton called for businesses to expand many benefits, including “fair pay and fair scheduling, paid family leave and earned sick days,” but insisted that it could be done without causing prices to rise too steeply.
Whenever you hear someone talk about fighting “for labor,” remember how the unemployment rate is made to look low by not including people who have given up looking for work. In this case, those who do not already have a job are never regarded as part of “labor,” even though they would love to work. Instead, the politicians want to force companies to pay even more to people who already have a job. The result? More jobs will cease to exist in the future. Politicians will promise to “bring back jobs” without ever admitting that they were the reason many of the jobs disappeared in the first place.
Jobs are agreements between persons that both enter into because both benefit from the transaction. Hilary Clinton should keep her nose out of other peoples’ business.
Rand Paul said it well on his Facebook page:
It’s ironic someone who has been driven around in a limo for the past 30 years is giving ride sharing advice.
Hillary Clinton just chided the sharing-economy which is boosted by services such as Lyft, Uber, and Airbnb. We must advocate for innovation and disruption and need to support increased choice which leads to lower prices for all Americans.
Do we really want a Wall Street candidate “protecting” us from companies that give us services that we can afford?