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The economics of Positive Train Control
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<P mce_keep="true">[quote user="CSSHEGEWISCH"] <P>Blaming the FRA for having to install PTC is analogous to blaming the IRS for having to pay taxes. Both agencies are charged with administering Acts of Congress, they don't make the rules or the tax rates, they are following the will of Congress. Installation of PTC by 2015 was mandated by Congress, which by its nature is and always will be a political body. Unless Congress can be persuaded to change the deadline, the FRA has to insist that the railroads install PTC as prescribed by the law.</P> <P>[/quote]</P> <P><FONT face=verdana,geneva>It sounds like congress believes that mandating PTC will be benificial and the railroad industry does not believe that. How did congress alone reach their conclusion on such a complex issue as universal PTC?</FONT></P>
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