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Don Phillips' writing in the November 2008 Trains issue
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[quote user="henry6"][quote user="Bucyrus"][quote user="blue streak 1"] <p>Fifth: Without the push of additional capital to speed up our public transportation sector the average US citizen will spend a larger percentage of total income on inefficient transportation than the above mentioned countries. </p><p>Although I do not like all the public financing that will be needed the competition from the other countries mentioned means the US cannot compete from a level playing field. I think that although Phillips does not say so directly he may be thinking along these lines. </p><p>[/quote]</p><p>Why does the government, using public money, make transportation more efficient compared to transportation financed by private capital? Government is inherently inefficient and undisciplined because they operate with other peoples' money, so their participation is bound to take a big slice of the action for their overhead.</p><p>[/quote]</p><p> </p><p> The difference is that public projects are usually supported because there is a need in which free enterprise won't or can't make a profit. </p><p> </p><p>[/quote]</p><p> </p><p>But the projects that private enterprise cannot make a profit on are the ones that amount to a subsidy to the users. Sure government can do that better than the private sector with those kind of endeavors because the private sector does not have the power to take money away from people. So the government is better with projects that redistribute wealth rather than make a profit, but how far do you want go with redistribution? </p><p>You have referred to need as though it is the government's responsibility to eradicate it.</p>
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