Plus, they can always become Uber drivers, and have better earnings and make their own hours. 90% of all drivers I've had are happy to be driving for Uber.
The taxi system is — or was — indicative of all these weird east coast attitudes that I, as a westerner, find completely insane. All these awful inefficiencies and shitty attitudes baked that everyone accepts as normal because that's just how things are done. (Basic traffic enforcement is another biggie… the "Masshole maneuver," and New Yorkers blocking intersections or parking on sidewalks, landlords who would rather risk lawsuits than do inexpensive repairs…)
Although I have moved on from Uber for various reasons, I will be forever grateful to them for tearing down this horrible system. It sucks that some independent medallion owners are going to take a bath on their loans, but it was a terrible investment in the first place.
I feel for any of the honest cab drivers that didn't pull this kinda crap, but my experience tells me that there weren't many of them.