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According to the wikipedia article, Conrail actually inherited a terrible maintenance situation when the railroads bankrupted and were nationalized. Conrail the
by kevviiinn 4y ago
According to the wikipedia article, Conrail actually inherited a terrible maintenance situation when the railroads bankrupted and were nationalized. Conrail then proceeded to manage maintenance and got things profitable.
It was doing just fine when Reagan decided to privatize for some reason.
Nationalizing actually fixed the situation so I don't kmow where you got the impression that it made things worse
https://en.m.wikipedia.org/wiki/Conrail https://en.m.wikipedia.org/wiki/Conrail
- jcranmer 4y agoI'm talking about nationalization during WW1. Conrail didn't nationalize all the railroads (which did happen during WW1), just the bankrupt Penn Central.
- kevviiinn 4y agohttps://en.m.wikipedia.org/wiki/United_States_Railroad_Administration https://en.m.wikipedia.org/wiki/United_States_Railroad_Admin... This one? Maybe I missed it in my brief skim but I don't see anything negative
- jcranmer 4y agoYeah. The Wikipedia page isn't all that great on this topic; I'm going off of my recollections from the book American Railroads, although it's been a few decades since I last read it.