Sacramento politicians cannot resist the urge to “regulate” the “gig economy” to impose arduous work rules, regulations, and a whole host of bureaucratic red tape on one of the most successful economic enterprises to surface in the past few years.
People here in the Bay Area love Lyft and Uber, not the heavily regulated taxi cab market which never is around when you need it and does not adequately serve the needs of the market in the Bay Area and elsewhere. Apparently, people everywhere love these companies and others like them because they are cost-effective, responsive to the market, are always available and just a click away on an online “app.”
But not everyone is happy about the emergence of the “gig economy.” The taxi cab industry has been devastated and the labor unions in Sacramento do not like any segment of the economy that grows faster than them, and is not heavily regulated.
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