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Eupseiphos's comments:
on High Speed Momentum
Bluewater42: "These types of investments will pay dividends in the future..."
No doubt they will pay dividends -- pour $500 billion dollars in, get $50 billion in benefits.
A test of whether it makes sense is to have the private sector tackle the project. If it works, fantastic! If not, the project dies. It is telling that the private sector won't touch something like this with a 10 foot pole. It sees how enormously wasteful of both space and money Amtrak and rail projects in places like Seattle and Portland have been.
posted 2 years, 3 months ago
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on High Speed Momentum
Absurd proposition! The enormously greedy and obese gov't machine already eats way to much to be healthy. Instead of going on a diet, it says, "Bring me more doughnuts!"
"But the people are hungry."
"Let them eat cake!"
High-speed rail is an incredibly expensive and irresponsible boondoggle that will always require huge subsidies to stay alive. When private enterprises fail, they die. When government enterprises fail, politicians pour ever more money into them.
posted 2 years, 3 months ago
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