The Hector Ricketts Story: A Tale Of Regulatory Tyranny
You probably weren’t aware of this, but until 1964 almost all mass transit providers were private-sector operators. And they were profitable.
Now, they aren’t. And they aren’t.
Which is why they fight tooth and nail to preserve their unionized monopolies, and they make life hell for those private-sector operators who do try to compete in that market.
We can illustrate this with a documentary about Hector Ricketts, and his Community Transportation Systems, Inc. The city and state of New York have been trying for a long time to put him out of business despite the fact he provides a valuable service to poor people in the outer boroughs who aren’t served well by the “establishment” options.
Via Hot Air.