High Speed Rail: Money We Don’t Have for Things We Don’t Need

Commentary on St. Louis National Public Radio (NPR) station…

Audio
http://kwmuweb.streamguys.com/Commentaries/wc111710_small.mp3 (audio)

Perhaps the most unmistakable message out of the recent midterm elections is that we have no business spending money we don’t have on things we don’t need. There were already indications of a revolution in spending policy, with Tea Parties taking aim at wasteful spending around the nation.

One of the Obama Administration’s principal transportation programs has been an interest in building high speed rail. At least that’s what they call it. But, with a couple of hideously expensive exceptions in California and Florida, none of the proposed projects would qualify as high speed rail in the international sense, such as in Japan, France or China.

Generally, the trains would operate at speeds barely competitive with automobile door to door travel times, while costing riders and taxpayers much more.

More at…http://www.stlpublicradio.org/programs/commentaries/commentary.php?cid=1262 (text)

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