Thuresday our president said that we need to "invest" in high speed trains here in our country.His reason,other countries have them so we should too,right here in the US. Does this make sense to you? Is this good economic and fiscal planing?Does the cost vs. return make sense? Isn,t this line of reasoning sort of like saying that you "need" a big SUV because your friend has one, when you can,t even afford it?
This appears to me as just a waist of money,a good example of spending other peoples money just for the sake of spending.What a stupid idea.
We are not the same as the countries that do have high speed trains.They will never show a profit here in the US. and only add to future deficits as they will have to be subsidized just like amtrak [see amtrak blog] to the tune of 1.5 to 2 billion a year.
We can not afford this type of type of irrational spending and waste.