happening in new york. it s getting played out across country from california to st. louis to florida. so much so some people are calling 2016 the uber election. presidential candidate hillary clinton seemed to be criticizing uber and on demand or gig economy in a recent economic speech saying that while it created exciting opportunities and raised questions about workplace protections. presidential candidate jeb bush responded in a post defending uber entitled disrupting washington to unleash innovators and used the service in san francisco. presidential candidates marco rubio and rand paul criticized clinton for her remarks. the question is why is a car service app, let s keep in mind what this is, at the center of an increasingly nasty political battle and what does it say about the future of the american economy and anxieties about it? a debate on that when we return. oment spontaneously turns romantic why pause to take a pill? and why stop what you re doing to find a bathroom? cia
the city reported a 9% decrease in average manhattan traffic speeds. uber through ads and other means responds that anyone against uber is in the pocket of the existing taxi industry and that uber helps underserved people get much needed transportation. i just drove somebody at coney island who always complains about not being able to catch a ride. this is new york. we live in five boroughs. we pick ourselves up and we pick our families up. this battle isn t just happening in new york. it s getting played out across country from california to st. louis to florida. some people are calling 2016 the uber election. presidential candidate hillary clinton seemed to be criticizing uber and on demand or gig economy in a recent economic speech saying that while it created exciting opportunities and raised questions about workplace protections. jeb bush responded in a post defending uber entitled disrupting washington to unleash innovators and used the service in san francisco.
i want to have you on tonight, dean, because you are an economist but you have written really persuasively about how bad entrenched cartels can be throughout the economy and how much cronyism they can engender. when you watch this battle rage between uber which styles itself as innovative disrupter against the bad incumbent taxi interest, how are you reading this situation? i think it s a very interesting story. the incumbent taxi industry isn t anything that anyone really wants to preserve. we have archaic rules. the regulations were there to ensure profits on an industry that hadn t had an invasion for decades. uber changed that but uber doesn t want to play by any rules and that doesn t make sense. the original rules were designed to serve legitimate public purposes and ensure that the cabs were safe and the drivers wouldn t jeopardize passengers
we have archaic rules. the regulations were there to ensure profits on an industry that hadn t had an invasion for decades. uber changed that but uber doesn t want to play by any rules and that doesn t make sense. the original rules were designed to serve legitimate public purposes and ensure that the cabs were safe and the drivers wouldn t jeopardize passengers and there was proper insurance. so these were all rules that served a real purpose. uber copsmes in and says none of that applies to us and that doesn t make sense. good to see the disruption. we have seen improvements in taxi service. that doesn t mean you want no regulation. this seems the issue here. there s sort of two things happening. one is the actual way uber not as a principle of disruption but as an actual company conducts itself. they can be really nasty. at one point they had to apologize because a competitor called and canceled rides to flood their system and the
666-6666. the number 6. going to the airport. the number 6. run around town. it s a fine company but anyone that s seen this ad 200 or 300 times notices a thing or two. the guy in the white shirt with black neck tie clearly doesn t know the words to the song. caramel is the number to know. you have to give him credit for effort. he s trying. here s the new thing we ve noticed. carmel limousine has a new ad running. the person should be able to be picked up without being ripped off. anti-uber attack ad.