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To: CheshireTheCat

Says under the youtube:

Have you noticed a new train derailment story every day this year? It’s not just you. There are 1700 train derailments every year and the rate of train accidents has risen 27% over the last 10 years. This is a safety crisis. We investigated what’s behind it.

Can you give a teensy hint?


448 posted on 04/01/2023 3:59:46 PM PDT by little jeremiah (Never worry about anything. Worry never solved any problem or moved any stone.)
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To: little jeremiah
Can you give a teensy hint?

I watched the short video. Basically train derailments have been going up because train maintenance has worsened. The video blames this on the increasing consolidation of the rail industry, creating virtual monopolies which choose to emphasize reducing short-term costs rather than long-term sustainability.

I don't know if I buy that. Back in the day, AT&T -- because of its monopoly -- took a very long-term view of things. I suspect it has as much to do with the quarterly focus of Wall Street (as required by federal law) as it has to do with monopolization. And with the use of the railroads to ship oil that should have gone through a pipeline instead.

455 posted on 04/01/2023 4:37:40 PM PDT by AZLiberty (All I want for Easter is President Trump back in office (and Kari Lake as my governor!))
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