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U.S. bullet trains: Are they worth it?
 An Obama administration initiative that aims to create jobs and economic growth has been derailed in some states while it speeds along in others.He's making a list, he's checking it twice ... The loss of a total of $1.2 billion in high-speed rail funds in Wisconsin and Ohio means the promise of thousands of new jobs in those states will not be realized, according to proponents of the fast passenger trains. Of course California, an economic black hole, is getting more than their share. Do you find yourself wondering how that ever happened? I find myself wondering how otherwise intelligent people think high-speed rail is going to survive in the US, let alone how it's going to create jobs (other than the kickbacks to the pols, their former staffers and the lobbyists). Posted by: gorb 2010-12-16 |
| http://www.rantburg.com/poparticle.php?ID=311905 |