Posted by
Logical Party on Sunday, July 06, 2008 5:00:00 PM
The law of supply and demand will take care of the taxi industry as with all industries, so raise away! There are enough people in this "Two Americas" metropolis still left that already pay $16 to drive from the South Street Seaport to 96th Street, just as there are enough suckers who will fill Yankee Stadium 81 days a year, giving high opriced primadonnas more money than 100 average people will make in ten years.
The city should demand elimination of cabs for mini buses, thus endorsing share a rides, cutting down on fees charged individual customers, thus increasing volume. They then can be able to restrict or reduce the number of cabs on the road to ease pollution and congestion.
Raising the price of a cab will increase the number of middle class who have chosen to opt out of their service. Add to that the numbers of people who have rediscovered by necessity how quick it is to get to realitively short distances by train then by cab, especially during rush hour.
We need as a city to work on more dependable mass transit, becuase if Japan is paying $6 a gallon for gas, and all of Europe $10, which way does America think the price of oil and gas is going to go?
David DiBello