Reddit Reddit reviews Sweatshops on Wheels: Winners and Losers in Trucking Deregulation

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Sweatshops on Wheels: Winners and Losers in Trucking Deregulation
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1 Reddit comment about Sweatshops on Wheels: Winners and Losers in Trucking Deregulation:

u/jordanlund ยท 3 pointsr/blog

You know what, let me re-phrase this a different way... I gave you two colossal examples of how deregulation was a disaster.

So prove to me it's not. Show me some examples where deregulation has been just peachy keen for industry.

Airlines? Not hardly:

http://www.huffingtonpost.com/david-morris/airline-deregulation-ideology-over-evidence_b_4399150.html

"Thirty years later all but a handful of new competitors have disappeared. In that time more than 150 airlines have sought bankruptcy protection or gone out of business. Before deregulation 10 major airlines controlled 90 percent of the market. Today, as noted, four control 85 percent."

Trucking? Maybe we should ask Tracy Morgan how he feels about that. Good book here:

http://www.amazon.com/Sweatshops-Wheels-Winners-Trucking-Deregulation/dp/0195128869

"In the years since deregulation in 1980, median earnings have dropped 30% and most long-haul truckers earn less than half of pre-regulation wages. Work weeks average more than sixty hours. Today, America's long-haul truckers are working harder and earning less than at any time during the last four decades."

But hey, as long as WalMart keeps dropping prices, right?