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    NPR‏Verified account @NPR Oct 15

    Taxi medallions used to be a great investment for cab drivers. Then the ride-share companies came along — and thousands of medallion holders each lost hundreds of thousands of dollars in equity.https://n.pr/2QSOGo7 

    8:02 PM - 15 Oct 2018
    • 54 Retweets
    • 94 Likes
    • 🗳️ 👖 K Lynese Wallace George L Heer Salaiti Skip Dillard Rick Shaw lulu 💖 karen adams
    37 replies 54 retweets 94 likes
      1. New conversation
      2. Alexander‏ @LoneWolfCountry Oct 15
        Replying to @NPR

        There’s a massive shortage of long haul truck drivers, instead of sitting around complaining, man up do the hard thing, get out there and find a job to support your family. Get your CDL and go make enough to pay the bills and even have some left over for the savings account.

        2 replies 0 retweets 3 likes
      3. Behls‏ @Behls_ Oct 15
        Replying to @LoneWolfCountry @NPR

        Gonna go out on a limb here and say this comment is justtttt a little short sighted.

        2 replies 0 retweets 4 likes
      4. Alexander‏ @LoneWolfCountry Oct 15
        Replying to @Behls_ @NPR

        And when those jobs are gone....maybe go find another one? Not hard. There’s plenty of jobs if you’re willing to work hard and get out of your comfort zone. Work for oil and gas industry and clear 120k with no experience, if you have the guts to work in the field.

        1 reply 0 retweets 3 likes
      5. 1 more reply
      1. Robert 재민 lee‏ @Chi_Robert_Lee Oct 15
        Replying to @NPR

        For every taxi driver who didn’t show after I ordered a cab; for ever taxi driver that passed me by when I tried to hail you down on a cold night; for every taxi driver who said no I won’t take you to “that” neighborhood, those are the reason why i only #uber or #lyft today.

        0 replies 0 retweets 13 likes
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      1. GrilledTomatoes‏ @TomatoesGrilled Oct 15
        Replying to @NPR

        Consequences of state-imposed monopoly - an outlandishly priced ‘license’ to drive a car from point A to Point B. And in NYC, 7/10 rides were adventures all to themselves.

        0 replies 0 retweets 9 likes
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      1. New conversation
      2. Clayton‏ @joe41clayton Oct 15
        Replying to @NPR

        Taxi drivers have no one to blame but themselves. Years of over charging and terrible service finally caught up to them.

        1 reply 0 retweets 11 likes
      3. pronounced: DNA‏ @akaLIVEWIRE Oct 15
        Replying to @joe41clayton @NPR

        Bullshit! You think if Uber and lyft drivers had to come up with a 1/4 of a million dollars (1/2 mil and more in some cities) they’d still be cheaper? The cities reaped the windfall for what they charged the drivers while never leveling the play field.

        1 reply 0 retweets 0 likes
      4. Clayton‏ @joe41clayton Oct 15
        Replying to @akaLIVEWIRE @NPR

        Not all taxi drivers owned their medallions... they sucked too. 🤷🏼‍♂️

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. vp‏ @VilmaPacheco Oct 15
        Replying to @NPR

        Because maybe they should not have been treated as currency.

        0 replies 0 retweets 4 likes
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      1. New conversation
      2. PolarityGrease‏ @PolarityGrease Oct 15
        Replying to @NPR

        Lesson in capitalism. If you overcharge for a poor quality service, eventually someone is going to figure out how to provide a better service for less money to compete.

        1 reply 0 retweets 6 likes
      3. 1 more reply
      1. SRocks-Joe Cardinal‏ @Srocks14 Oct 15
        Replying to @NPR

        See also Typewriters v. The home PC...

        0 replies 0 retweets 2 likes
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      1. I’m Roamin’  🇺🇦‏ @R11RT Oct 15
        Replying to @NPR

        Taxi medallions should have been handed out free each year using a lottery.

        0 replies 0 retweets 1 like
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      1. RachelGoodstein‏ @rachelgoodstein Oct 15
        Replying to @NPR

        Drivers should sue. City changing laws “took their property without compensation”.

        0 replies 0 retweets 1 like
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      1. Algol‏ @Algol_A Oct 15
        Replying to @NPR

        the cities should buy back medallions if they allow uber

        0 replies 0 retweets 1 like
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      1. Alicia Peck‏ @AliciaPeck Oct 15
        Replying to @NPR

        See bitcoin

        0 replies 0 retweets 1 like
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      1. The Watchman‏ @Watchman1111 Oct 15
        Replying to @NPR

        Too bad! The "taxi drivers" should have realized that their efforts to buy a government-guaranteed monopoly on a service that government did NOT own would ultimately come to grief. They didn't and now it has.

        0 replies 0 retweets 1 like
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      1. Leigh Crosby 🍀‏ @teaandmagnolias Oct 15
        Replying to @NPR

        Michael Cohen knows a thing or two about taxi medallions.

        0 replies 0 retweets 1 like
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