Innovation NewsBriefs Vol. 21, No. 28 PRESIDENT OBAMA wants Americans to zip around in high-speed trains, just as many Japanese, French, and Chinese already do. For him, the goal seems almost as much about national pride as job creation or energy savings. “There’s no reason that Europe or China should have the fastest trains,” he has said. […]
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A rail reality check that President Obama should heed
Wednesday, November 17th, 2010Update: The Federal High-Speed Rail Program: A Post-Election Reality Check
Wednesday, November 10th, 2010New Jersey Governor Chris Christie’s decision to cancel the proposed commuter trans-Hudson rail tunnel (ARC) offers another example of a resolve by the new wave of fiscally conservative governors to rein in spending on public works that, in their judgment, present an unacceptable level of risk and cost. While Christie’s decision was widely condemned as shortsighted by members of the infrastructure lobby, it was supported as fiscally prudent by a majority of New Jersey voters. (By a margin of 51 to 39 percent according to a Rutgers University poll).
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