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-Short Attention Span Theater- |
Railroads Are Safe, but Congress Wants More Credit |
2023-06-18 |
[Townhall] After many years of working in the policy world, I have concluded that politics is at most 10% about making the world better and safer. The rest is at least 45% theater and 45% catering to special interest groups. Further evidence for my assessment comes from the recent grandstanding in the U.S. Senate on rail safety. One reason why so much of what comes out of Congress is useless, if not straight-up destructive, boils down to incentives. Politicians need something they can brag about when they seek reelection or election to higher office. Meanwhile, legislators are constantly surrounded by special interests who plead for government-granted privileges such as subsidies, loan guarantees, tariffs, or regulations cleverly designed to hamstring competitors. Politicians rarely hear from the victims of their policies. Few voters can trace the origin of the higher prices they pay and the lower living standards they suffer. ![]() These regulations might appeal to some people, but let's not pretend they will make the railroad industry more effective. Instead, they would make freight more expensive, potentially pushing more of it toward trucking (a dirty and more dangerous mode of transport). More frustrating is that none of these measures would prevent what is the leading cause of derailment in the United States -- namely, human error. The solution to human error is more automation rather than more people. |
Posted by:Bobby |