Press ReleaseMay 9, 2019

Job Creators Network Rebukes AOC for Boycotting Uber and Lyft, Proposing Credit Card Regulation Bill

Washington, D.C. (May 9, 2019)— This week, Rep. Alexandria Ocasio-Cortez announced that she is supporting a boycott of Uber and Lyft. Additionally, she is planning to unveil legislation with Sen. Bernie Sanders today that would cap credit card interest rates at 15%. 

Alfredo Ortiz, president and CEO of the Job Creators Network, released the following statement:

AOC is continuing her war on jobs and free enterprise. After costing the New York area 25,000 jobs by scuttling the Amazon deal, she’s now going after access to credit.  If the government caps credit card rates, the unintended consequence is that credit will be more difficult for some consumers to get because they will be seen as too much of a risk. 

AOC’s attack on Uber and Lyft drivers is similarly misguided. These small business owners, who are trying to earn a living, are in the crosshairs of AOC’s socialist agenda, so they are expendable. What’s even more incredible is that AOC’s campaign has spent nearly $2,000 on ride-hailing services this year alone. In AOC’s view, it’s socialism for thee but not for me.