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Friday, March 4, 2011

Who Picks Up The Tab of HSR?


I’m sure if GE lobbies the government hard enough it could get the U.S. to adopt HSR. HSR is great, unless the revenues don’t cover the costs. It’s a big risk to take since most HSR projects cost well north of $1 billion.

The only thing I care about is the following: who picks up the tab if high speed rail can’t cover it’s operating costs? If the answer is taxpayers, then this is a no-go. We cannot afford this right now. We can’t have social security, Obamacare, Medicare, an outrageously large imperial-style military, and expensive HSR.


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