Last week, freshman Democrat Alexandria Ocasio-Cortz (a.k.a. AOC) decided to jump into the issue of New York City taxi drivers and the financial problems they’ve been facing in the era of the gig economy. Even though she’s a federal elected official, I don’t knock her for entering the debate since many of her constituents are directly affected. Her solution, however, leaves much to be desired. She’s calling for a joint federal-municipal bailout for the drivers who have been drowning in debt since the value of their medallions totally collapsed. (Daily Wire)
On Thursday, Rep. Alexandria Ocasio-Cortez (D-NY) demanded that American taxpayers foot the bill to bail out New York City’s taxi cab drivers who took out loans in order to pay for taxi medallion costs that were artificially inflated by the Democrat-led city government.