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This has upset the taxi and cab industry with the new types of car transportation affecting core operations within the city. Uber’s technology has given the company an advantage over yellow cabs, as e-hails allow drivers to waste less time finding passengers. Additionally, surge pricing lets fares soar over cabs’ metered rates. Operating for less than seven years in New York, Uber has overtaken the yellow-cab industry in total cars on the streets.
As recently as October 2016, Mexico’s ambassador was confident Donald Trump would not be elected president. “It’s not going to happen,” Miguel Basañez told me at the time. But it did happen — and Mexico’s hope that it could work with Canada to present a united front against the Trump administration came undone when Canadian Prime Minister Justin Trudeau was informed that Trump would work out “a bilateral agreement” with Canada alone to salvage the mutual benefits both countries derived from NAFTA.
If Trump really wants to speak for forgotten Americans, he would travel to the Mississippi Delta and the rural Black Belt of the American South, where conditions are so wretched and dire that even a struggling Rust Belt factory town might seem like a bountiful paradise of opportunity and wealth. Campaign events tell the real story of who’s forgotten and who isn’t, and the verdict is clear: White working-class voters in the Rust Belt are far from forgotten.
If the Affordable Care Act (ACA) is even partially dismantled, 18 million people could become uninsured within a year, according to a new report from the Congressional Budget Office (CBO). That number could nearly double to 32 million by 2026, the CBO estimated, if the Medicaid expansion is rolled back and subsidies cut to those who paid for insurance through the marketplaces set up under the ACA.
In the month before Obama took office, more than 660,000 jobs were lost. During the Bush Presidency, the total number of jobs gained was near an all-time low of 160,000 annually. Comparatively, Obama has added nearly 10 times that amount, with more than 1.3 million jobs gained each year. During the height of the Great Recession, the U.S. unemployment rate was at a staggering 10 percent. The unemployment rate is now under 5 percent.
Approximately 20 million people have gotten coverage since the launch of Obamacare. Trump has yet to reveal details of what he plans to do to the 2010 Affordable Care Act, aka Obamacare, other than to say that he intends to dismantle it soon after he takes office. It’s likely that some parts of it will be left untouched – like the pre-existing condition provision – and replacement could be delayed by a couple of years.
When Donald Trump invited Carlos Slim, one the world’s richest men and the single-largest investor in the New York Times, to dinner at his Palm Beach estate, Mar-a-Lago, it became clear that Trump’s admiration for Mexican “leaders” meant businessmen, not politicians. “What President-elect Trump wants to do in coming closer to the Mexican business community has an impact, not only nationally but regionally with Latin America, and opens the doors for good business relations overall,” said Larry Rubin, president of the American Society of Mexico.
Before that can be answered, it’s important to distinguish between companies and individuals. American companies that had their assets seized—from Citibank to Hilton Hotels—have long registered their losses with the appropriate authorities. Some, such as Bacardi Rum, have successfully sued—and won—for trademark violations. But what of individuals, the people who lost their homes, their companies, their interests?