Here is a link to an article that succinctly describes all the economic problems with personal rail transportation. http://www.the-american-interest.com/2015/01/07/california-goes-full-boondoggle-on-train-project/
I have never seen so many conditional "ifs" for the success of any project!
"IF the internet doesn’t change the way people work, reducing both commuting and the demand for business travel, IF the giant project doesn’t mimic almost all similar projects and develop gigantic cost overruns that make a mockery of the initial cost elements, IF resourceful NIMBY groups and their lawyers don’t find too many endangered species in its path or otherwise tie it up in endless litigation, IF self driving cars don’t make rail travel obsolete, IF the fares aren’t so high even with subsidies that passengers shun it, and IF unlike almost all other passenger rail service in the U.S. it doesn’t lose buckets of money, this project could look like a smart move."
All of these conditions apply to Lone Star Rail!
No comments:
Post a Comment