Nationalize all of it, or let the unions purchase the companies.
When Conrail was up for sale, initially the only viable bid came from the employees’ union of Conrail. Liddy Dole rejected it out of hand for that reason. Years later it was sold to a group of proper capitalists.
Separate infrastructure and operations. Nationalize the infrastructure, allow private companies to pay to operate over it, but place limits on things like train length and require regular inspection of the rolling stock using the national infrastructure. Basically, adopt an infrastructure & regulation system similar to that trucks operate under.
Perfect! Just like the interstate highway system, one of the smartest and most successful initiatives in American history. And like the interstates, this is a solid investment of our tax dollars.
Let the private operators fight over pricing, both for commercial and private use. That’s a win for everyone, and the environment.
If I could hop a train to New Orleans and just chill for a few hours, I sure as hell wouldn’t drive. People like me could move around, stimulating economies far from home. That in turn would drive cities to invest in infrastructure, give people a reason to visit.
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