Tuesday, May 19, 2015

Regulation

The latest attack on Uber is a class action suit seeking to declare its drivers employees instead of contractors.

Camaro's base engine is now a four cylinder.

Los Angeles raises minimum wage from $9 to $15 by 2020. This will be reversed or it will throw people out of work right and left.
"Tuesday’s vote could set off a wave of minimum wage increases across Southern California, and the groups pressing for the increases say the new pay scales would change the way of life for the region’s vast low-wage work force."
By making them unemployed. This will force businesses that can move to move, throwing every wage employee out of work. Many businesses that can't move will go bankrupt, throwing every wage worker and business owners out of work. The demand for labor will fall, lowering real wages and forming a black market. This is nuts.

Value of taxi medallions plummet because of ride-sharing.

Government's airbags in Japanese cars recalled because they explode and kill people.

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