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[quote user="NKP guy"] Phil:  I think you you made a great contribution to this thread and forum. I've just made reservations for four different flights.  Anyone who thinks the current system of travel that we "enjoy" in this country is preferable to the regulated state of affairs of some years ago must not personally experience what the rest of us are going through. Watching proud old companies like American Airlines go the way of the New York Central Railroad  sickens and depresses me.  Then today we read that Mittens Romney pledges to cut out the Amtrak subsidy.  At this rate we'll soon have privately-owned goat trails in the USA. I loved reading this "Third Duty of the Sovereign" from Adam Smith.  Thanks for posting it. [/quote] To equate defense, education, public water systems, etc., all of which serve the general public, with intercity passenger rail services is over the top.  It is not a public utility any more than an intercity bus company or an airline is a public utility.  It may be the solution to commercial or general transport issues in some areas of the country.  In any case its users should pay for the ride.  That, after all, is what airline passengers and bus riders do.   I too have read Adam Smith, along with many other economists, including a recent book contrasting Keynes and Hayek. Although I am not an economists, I have completed more than 40 hours of economics at the undergraduate and graduate levels.  In fact, I have read Keynes masterpiece, The General Theory of Employment, Interest and Money.  I have a good understanding of macroeconomic and microeconomics.  I also know that economists are like biblical phrases.  You can find one to support any theory or belief that you espouse.   What constitutes the duty of the government (sovereign) in America is debated widely.  So it should be.  But one thing is crystal clear.  It does not matter what the Europeans or the Asians or anyone else does with respect to anything. Americans should do what is best for their country.  And that includes solutions to problems that Americans, not Europeans, will have to live with.   It may come as a shocker to many folks, but the founders of this country had a distinct disdain for Europeans, especially George III and his minions.
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