New Reason.TV video: “D.C. Taxi Heist: How a new law would screw drivers and riders.” (Mild NSFW language warning)

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From the description at YouTube:

Washington, D.C. is considering a bill that would require every cab driver in the city to own a special permit called a medallion. The total number of medallions would be capped at 4,000, which would reduce the current number of cabs by more than one-third and put thousands of drivers out of business. (The city government has no idea how many licensed cabs are in the district, though estimates range from 6,500 to 10,000.)

If that weren’t bad enough, most drivers wouldn’t have the option of buying a medallion. The first set of medallions would be offered for sale to the minority of cabbies who have been driving for at least five years and who live in Washington D.C. (Again the city government has no idea how many current drivers meet this criteria, but rising real estate prices and weak city services have led many drivers to leave the district.)

If this kind of thing doesn’t get you angry, you’re doing it wrong.

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