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At the core of opposition to high speed rail is a simple assumption: that Californians are somehow inherently opposed to riding trains. California’s “car culture” is supposedly one where people are so fanatically devoted to their automobiles that they’d rather sit in traffic and spend lots of money on gas rather than use a train [...]
The FRA today announced recipients of an $80 million grant program for HSR and intercity rail. Florida’s HSR project received by far the largest share of funds, $66 million, but California wasn’t left out. $6.2 million went to the Capitol Corridor: $6,200,000 for track relocation work in California on the Capitol Corridor which will help [...]
Yonah Freemark at the Transport Politic today examines Amtrak’s reorganization plan, which revolves around their decision to pursue HSR operations: Suddenly forced to reckon with the prospect of serious competition from foreign companies, Amtrak has announced an internal reorganization that prioritizes the development and implementation of high-speed rail service in the United States. In addition, [...]
For a nation so utterly dependent on financial capitalism that any hiccup in the banking industry sends the country into a near-depression, it’s rather surprising that so many people do not understand the value of public investment in infrastructure, and confuse it with “spending.” Actually, it isn’t so surprising. Our financial markets are built around [...]
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