The popular ride-sharing company Uber has a less-than-popular pricing policy that charges more money for rides during peak times. For example, rides last night and early this morning were subject to this “surge pricing” as once the ball drops on New Year’s Eve, everybody wants to go home, increasing the demand for car rides home:
It’s really Economics 101 and the laws of supply and demand in action, but many Uber users weren’t too happy with that reality.
First up, here’s Twitchy favorite Matt Yglesias of Vox who seems shocked at the economics lesson:
Hilarious. Maybe he needs an explainer?
More funnies from last night:
Maybe try walking next time? Just a thought.
And the angry tweets from shocked Uber users have inspired some pretty funny memes of what it’s like to be an Uber driver this morning: