Why Do Taxi Drivers Racially Profile, While Uber And Lyft Drivers Don’t? It’s Called The Free Market Working.

On March 24, the New York Post ran an article about the downfall of cabbies in New York City. They reported that four cabbies have shot themselves in recent months thanks to the plummeting value of taxi medallions, which have fallen into disuse thanks to the rise of ride-sharing companies like Uber and Lyft. According to the Post:

NYC cabbies are being driven to the edge of financial ruin and despair as ride-hail apps like Uber and Lyft continue to take their customers.