1/16/2012

So much for all those shovel ready jobs: the case of high-speed trains

From the Washington Post:

Critics began panning the first leg of California’s futuristic high-speed rail network as a “train to nowhere” soon after officials decided to build it not in the major population centers of Los Angeles or San Francisco, but through the state’s Central Valley farming belt. . . .

Obama set a goal of providing 80 percent of Americans access to high-speed rail within 25 years. But that lofty vision is yielding to the political gravity generated by high costs, determined opponents and a public that has grown dubious of government’s ability to do big things.

Virtually none of the projects has gotten off the ground, and the one that has is in trouble. . . . .

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