Tuesday, April 21, 2009

Risky, Costly Rail

Another takedown of high speed rail, which would cost 30 times more than the $13 billion advertised. Reason looks at the track record, and the shaky underpinnings:
  • All or nothing build out. The success of the system depended critically on interconnectedness among major cities in the Midwest--Chicago, Cleveland, Detroit, Columbus, Buffalo, etc. This interconnectedness accounted for more than a third of projected ridership.
Come on--are those places lots of people want to go? Besides Chicago of course. They also say it will just benefit the riders, not the states. Us vs. Europe? We won't go as fast, it'll be uncompetitive with air travel even with the subsidies. Bad, bad idea.

Shore up the tracks for freight, yes, but this? No.

No comments: