This kid just got 10k for saying rail infrastructure is failing due to a lack of maintenance. Specifically the springs at junctions. The main failing here in the US though is that rail maintenance falls to rail companies that have little financial incentive to spend the money on safety. That may be changing, however if the federal government just hands over money with inadequate oversight it will just enrich the companies.
The main failing here in the US though is that rail maintenance falls to rail companies that have little financial incentives to spend the money on safety. That may be changing, however if the federal government just hands over money with inadequate oversight it will just enrich the companies.
Sounds almost as if critical infrastructure should be owned by the public.
if the federal government just hands over money with inadequate oversight it will just enrich the companies.
The worst part of this is that that money is not just wasted, it’s used to lobby politicians to make it worse.
And to be clear, the railroads don’t need more money, back when Biden banned Warren Buffet’s railroad from striking, I did the math, they could afford to double their work force, giving them all half the year off, and pay each one of them 100K/year, and still give the shareholders multiple billions a year.
This kid just got 10k for saying rail infrastructure is failing due to a lack of maintenance. Specifically the springs at junctions. The main failing here in the US though is that rail maintenance falls to rail companies that have little financial incentive to spend the money on safety. That may be changing, however if the federal government just hands over money with inadequate oversight it will just enrich the companies.
https://www.transportation.gov/briefing-room/fact-sheet-rail-safety
https://www.cfr.org/backgrounder/how-us-rail-system-works
https://www.publicrailnow.org/site/assets/files/1036/putting_america_back_on_track_final_6-30-24_single_pages.pdf
Sounds almost as if critical infrastructure should be owned by the public.
Conrail has left the chat.
Check out that last link I posted there
I wasn’t disagreeing with you, I was making an (hopefully) entertaining comment.
The worst part of this is that that money is not just wasted, it’s used to lobby politicians to make it worse.
And to be clear, the railroads don’t need more money, back when Biden banned Warren Buffet’s railroad from striking, I did the math, they could afford to double their work force, giving them all half the year off, and pay each one of them 100K/year, and still give the shareholders multiple billions a year.
Absolutely, Robber Barons have been a thing since the rails were laid. It’s a shit system and the main reason we don’t have highspeed rail.