Minneapolis Mayor Jacob Frey vetoed the extreme Uber/Lyft extinction bill on Tuesday, ensuring that the rideshare companies will continue to operate in the city for the time being. This is the second time that this type of legislation has been swatted down after being pushed by left-wing extremists.
Back in May, the Democrat-controlled state legislature passed nearly identical language. Had it been signed by Walz, Uber and Lyft would have been forced to pay a minimum wage per mile driven. This would have forced these companies to abandon the state due to lack of profitability.
Thankfully, Walz vetoed the bill then – to the disappointment of the extreme leftists who otherwise run the Democrat party. In another loss for the anti-capitalist cause, Frey has also vetoed the Minneapolis City Council’s attempt to pass the bill.
The legislation passed the City Council in a 7-5 vote, and could be overturned if 9 council members vote to override Frey's veto.
This insane legislation goes to the core divide amongst Marxist politicians and proponents of free market economics. Politicians have no idea how to run businesses like ridesharing, so their intervention has the potential of destroying the rideshare market (perhaps their objective). Uber and Lyft were not created to employ full-time employees. Instead, they were created to provide a network of people needing a ride and people who have space available in their vehicle who want to make a couple extra bucks.