New Yorkers Could Use a Lyft

Getting around New York City has never been easy—just ask the thousands of New Yorkers stranded across seven stalled subway lines last Friday. But Mayor Bill de Blasio and the city’s Taxi and Limousine Commission are trying to make commuting impossible by regulating the life out of the city’s best-functioning mode of transit: the app-based ride-sharing industry.

Uber, Lyft, Via and Juno are subject to a state-level congestion surcharge in Manhattan, a city minimum-wage rule, and a temporary moratorium on for-hire vehicle licenses. City officials hope these rules, implemented in the past year, will increase driver pay and reduce congestion. Higher fares and fewer jobs are the more likely outcomes, but Mr. de Blasio and New York’s progressives don’t believe in unintended consequences.

The existing rules “are working well,” said New York City Council member Brad Lander at a TLC hearing last week. “The doom and gloom . . . has not taken place. Service is good, prices have not dramatically changed the marketplace, and drivers are earning much more than they were earning before.”

Click here to read more of this Wall Street Journal article by Gerard Gayou by clicking here.

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