Common Sense, Common Ground—Even in a Shutdown

The federal government is shut down again, and the headlines are all gridlock and partisan bickering. Yet this week also quietly marks a milestone that reminds us that bipartisanship can still solve big problems. On Oct. 14, 1980, Democrats and Republicans worked together to enact the Staggers Rail Act, partially deregulating railroad economic regulation.
The reform package rescued a failing rail sector by replacing outdated government micromanagement and heavy-handed bureaucracy with market discipline and targeted oversight. Signing the bill into law, President Jimmy Carter forecast that “by…
Go to Source
Author: