This week marks the 40th anniversary of the Staggers Rail Act of 1980, which deregulated American freight…
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Happy 40th to the Staggers Rail Act, Which Deregulated and Saved the U.S. Rail Industry

This week marks the 40th anniversary of the Staggers Rail Act of 1980, which deregulated American freight rail and saved it from looming oblivion.

At the time of passage, the U.S. economy muddled along amid ongoing malaise, and our rail industry teetered due to decades of overly bureaucratic sclerosis.  Many other domestic U.S. industries had disappeared, and our railroads faced the same fate.  But by passing the Staggers Rail Act, Congress restored a deregulatory approach that in the 1980s allowed other U.S. industries to thrive.  No longer would government determine what services railroads could offer, their rates or their routes, instead restoring greater authority to the railroads themselves based upon cost-efficiency.

Today, U.S. rail flourishes even amid the coronavirus pandemic…[more]

October 13, 2020 • 11:09 PM

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Which one of the following was the first 20th century presidential candidate to call for a Presidential Debate?
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"Democratic Presidential Nominee Joe Biden admitted during Thursday night's final presidential debate that he going to end the oil industry if elected president.'Would you close down the oil industry?' President Donald Trump pressed just before their closing statements.'I would transition from the oil industry, yes' Biden replied. ...'That's a big statement,' Trump said, slamming Biden for his bold…[more]
 
 
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— Jordan Davidson, The Federalist
 
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