Wirepoints’ Mark Glennon on AM560’s Morning Answer: Spencer Pratt in Los Angeles Mayoral Race Offers Chicago a Blueprint
June 4, 2026
1 Comment
Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Audio and summary 
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Taxi drivers don’t kick up enough so they’re kicked to the curb. Wanna play? You gotta pay!
That headline makes no sense… “we were wrong to abandon taxis for ride share” As if they had the power to decide anything. Ride Share is a “disruptive innovation” as is said in the tech sector. It supplanted taxis for a massive list of reasons all of which benefit people, thats why it succeeded. It didn’t succeed because government “let it” succeed. This headline is as stupid as if they said “we were wrong to abandon our bureau staffing for that thing called the internet”, or “we were wrong to abandon our buggy whip industry for the automobile”.
Remember when taxis wouldn’t go to certain neighborhoods? Their monopoly was bad, their medallion structure was worse. And as taxi medallion prices mimicked a housing bubble, taxi lobbyists pressured the city to raise fares to justify the ever-increasing medallion prices. I have zero desire to go back to that model.
In 2014, taxi medallions were going for $350K. Today, it’s $10K.
https://chicagodispatcher.com/medallion-prices/
Now that Biden’s ridiculous unemployment bonus has ended I expect some Uber drivers will be back in the saddle.
Let the marketplace decide what it wants. Government rules and regulations make markets more inefficient and expensive. Taxis shouldn’t be favored over ride share and vice versa.
Not me, I always used cabs when I went to Chicago for business, sometimes multiple times a week, and I can honestly say I’ve never installed a ride share app to my telephone. Now, the riding sharing industry is in shambles, along with the cab industry, and it is just another example of how Progressives destroy everything they touch.