“With all of the evidence indicating that HSR is an exceptionally costly and inefficient means of travel that only a few passengers choose to use, it is difficult to explain the obsession of some, including the President and members of his Cabinet, with this mode of travel. In part, this obsession seems to have little to do with travel per se, but rather with the quality of the travel experience.”
-Ronald Utt, The Heritage Foundation
Posts Tagged ‘Robert J. Samuelson’
Update: 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).
View this complete post...High-Speed Rail Debate Refuses to Quiet Down
Monday, November 1st, 2010In a November 1 column in the Washington Post reproduced below, the respected economist Robert J. Samuelson attacks the Administration’s high-speed rail program as “wasteful spending masquerading as a respectable social cause.”…Samuelson’s blunt assessment appears in stark contrast to the Administration’s confident prediction, in the words of top federal transportation officials, of “a world class network of high-speed corridors” that would connect “80 percent of America in the next 25 years at a cost of $500 billion.” How can professional judgments be so diametricaly opposed and whose judgment will prevail?
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