SoylentNews is people
SoylentNews
The Vancouver Sun reports that a Kamloops BC Yellow Cab company is threatening to outsource their dispatch operation to Pakistan. They blame the ruling Liberal government who, in a flurry of pre-election giveaways, decided to let Uber open shop in the province.
In a telephone interview with KTW from Pakistan, from where he emigrated decades ago, [Abdul] Rasheed placed blame at the foot of Kamloops-South Thompson MLA Todd Stone, the province's transportation minister for the past four years.
The B.C. Liberals have pledged to bring in legislation and measures so ride-sharing companies such as Uber and Lyft can operate legally before Christmas.
"Looking at that, I knew a small company like us can't survive a multi-billion company," Rasheed said, noting he is forced to look at his costs. "We're looking at all infrastructure," he said. "Overhead is high."
The Liberals have promised measures to help taxi companies compete with ride-sharing firms, including putting in $1 million to develop a competing smartphone app and attempting to level the playing field for insurance and driver qualification.
Some night dispatch for Kamloops Yellow Cabs is now being done out of Pakistan, what Rasheed, who is in the South Asian country working on the program, called it an experiment to determine if it is practical.
There are about four dispatchers who work for Yellow Cabs.
(Score: 2, Interesting) by Scruffy Beard 2 on Monday May 01 2017, @02:36PM (1 child)
I experimented with a negative interest rate once (mainly because my economics professor said it was impossible). Ended up writing off that loan.
(Score: 2) by VLM on Monday May 01 2017, @03:30PM
The government has numerous programs for negative interest student loans.
If you make under a threshold they slowly write it off which is the same as a negative rate, and there are peace corps like deals where you work in the ghetto and get chunks of loan written off again its essentially a negative rate.
My favorite restaurant waitress has a good system going on her education degree, her tips are partially off the books and her loan is getting written off. If she hadn't gone to college she'd be much better off financially, probably someones trophy wife or making stacks of cash outside the service industry.
I wonder how this works with something like a theology degree where you can basically assume the government is funding the whole thing as very few priests become well paid enough to ever pay the loan back. Essentially we've pierced the separation of church and state such that religious scholars get free uni paid by the feds, which sounds so weird. I suppose its justified as not all priests took theology (I know one who took english lit) so its mere coincidence. As a priest I think he might be the highest paid english lit grad I have met ...