The Elder Statement : Democrats Vs. Uber And 'The Sharing Economy'

Monday, August 10, 2015

Dems Attack New Business Model

elderstatement.com August 10, 2015 Democrats Vs. Uber And 'The Sharing Economy' , 0 Comments

Democrats Vs. Uber And 'The Sharing Economy'

By Jon Hartley, Aug 09, 2015 Forbes

While the car service app Uber Technologies faces continued government roadblocks to doing business around the world, Democratic candidates for President like Hillary Clinton and Bernie Sanders have spoken out forcefully against Uber, insisting that the company should be further regulated, ignoring the possible consequences of higher fares for users of the Uber app and the ease of doing business for Uber drivers should such regulations become enacted. The primary contention drawn by Democrats is that Uber drivers are legally classified by as independent contractors, a status under which they are exempt from most state and federal labor laws, as opposed to being classified as employees.

In an interview with Bloomberg News, Bernie Sanders said he has “serious problems” with Uber because it’s “unregulated.” Martin O’Malley further proposes to create an entirely new safety net specifically for Uber drivers and other members of the sharing economy.

Read More: http://www.forbes.com/

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