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The American Consumer Institute Center for Citizen Research
Blog | Consumer Tips / Health | General Regulations | Issues

The Hill: Rail Deregulation 40 Years Ago: Staggering Success for Consumers Today

BySteve Pociask October 7, 2020October 7, 2020

This month commemorates an important economic milestone for the nation — the 40th anniversary of the Staggers Act, which led to a 44 percent decrease in transportation costs and $10 billion in annual savings for consumers. If we have learned anything from this economic history, it is that the nation should never go back the dark days of excessive price and earnings regulations. 

You can read this op-ed at the Hill’s Congress Blog.

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Post Tags: #deregulation#railroad#staggers act
Steve Pociask

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