Wasteful, Inefficient Government Ideas That Refuse To Die
A new piece in Fast Company today highlights the Administration’s renewed push for high speed rail.
For those keeping score of wasteful, inefficient government ideas that refuse to die, back in April of 2009, Team Obama announced an $8 billion push for high speed rail. I noted at the time the almost complete inability to go north by train. I also noted the old adage that trains offer all the discomfort and cost of air travel, but in six times the time.
All of that still holds true. The new plan still foresees a US population only concerned with lateral movement, and one that wants to pay top dollar for low value.
The one thing that changed is the price tag. Now the government wants to spend $53 billion taxpayer dollars (a 6.5 fold increase in the cost) to subsidize a mode of travel that has never been profitable in the US.
That’s change we can believe in, and what counts as a commitment to responsible spending by the administration these days.