Comfort has rushed ahead to make Ruler Loong happy with the recent 'inevitable' fare hikes. The rationale is simple, fare hikes is the old socialist method of transfering wealth from one group of peasants to another. In this case, out of concern that Peasantpore is getting too expensive for foreigners, Comfort decided to make it more expensive by another series of fare hikes.
Comfort can now crow that it has taxi drivers' welfare in mind when it decided to raise fares and exhorted other members of the taxi cartel to follow suit despite anti-trust and anti-competition concerns. This is in accordance to Ruler's Loong's exhortation that the country will not pass a chance to hike fares whenever possible to improve local peasants' welfare. Another classic example of punishing the poor by taxing them using fare hikes.
Older peasants will remember Comfort as the fat cat taxi cartel that paid $1000,000 peanuts to its head honcho, then Lackey Goh Chee Wee during the late 1990s Asian Financial Crisis. Comfort was able to pay fat cat stipends because of the sweetheart boon granted to them, an overwhelming taxi licence. In reality, Comfort is simply another rent seeking nationalised corporation that feeds off the blood and toil of locals and foreigners.
Many taxi drivers lament the high costs can be alleviated by lower vehicle rentals and fuel rebates. Unfortunately the Big Boss Theorem states Comfort would rather rob peasants to pay its taxi drivers and maintain the fat cat pay stipends. Comfort is another evil organisation of how corrupt cartels with their market dominance and assistance from state lackeys, extract maximum rent from hapless peasants and merchants.
Comfort can now crow that it has taxi drivers' welfare in mind when it decided to raise fares and exhorted other members of the taxi cartel to follow suit despite anti-trust and anti-competition concerns. This is in accordance to Ruler's Loong's exhortation that the country will not pass a chance to hike fares whenever possible to improve local peasants' welfare. Another classic example of punishing the poor by taxing them using fare hikes.
Older peasants will remember Comfort as the fat cat taxi cartel that paid $1000,000 peanuts to its head honcho, then Lackey Goh Chee Wee during the late 1990s Asian Financial Crisis. Comfort was able to pay fat cat stipends because of the sweetheart boon granted to them, an overwhelming taxi licence. In reality, Comfort is simply another rent seeking nationalised corporation that feeds off the blood and toil of locals and foreigners.
Many taxi drivers lament the high costs can be alleviated by lower vehicle rentals and fuel rebates. Unfortunately the Big Boss Theorem states Comfort would rather rob peasants to pay its taxi drivers and maintain the fat cat pay stipends. Comfort is another evil organisation of how corrupt cartels with their market dominance and assistance from state lackeys, extract maximum rent from hapless peasants and merchants.
