The Death of the American Streetcar
In 1921, if the streetcar industry wasn't actually naming streetcars Desire, it was certainly desiring more streetcars. They netted $1 billion, causing General Motors to hemorrhage $65 million in the face of a thriving industry. GM retaliated by buying and closing hundreds of independent railway companies, boosting the market for gas-guzzling GM buses and cars. While a recent urban movement to rescue mass transit has been underway, it is unlikely we'll ever see streetcars return to their former glory.