Update on deregulation. Seems the interstate trucking industry was deregulated in 1980. Out of the 50 largest interstate trucking firms existing at the time of deregulation, exactly 4 are left today (Source: CNBC interview 9/24 with CEO of Roadway.) That is not what deregulation is supposed to accomplish. Rather than more competition and diversity, we have less. Once again the conservative right was totally and completely wrong in their their approach and execution. And these are the same people who have a lock on access to Bush and who are arguing incessantly for war with Iraq.
I don't trust them or their judgement further than I could throw the Washington Monument...
Tuesday, September 24, 2002
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