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Ohio passenger rail service killed by Governor elect.
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<p class="MsoNormal"><span style="font-size: small;"><span style="font-family: Times New Roman;"> <o:p></o:p></span></span></p> <p class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">The train boosters always say that if we subsidize highways, we should subsidize trains.<span style="mso-spacerun: yes;"> </span>But it is a faulty conclusion.<span style="mso-spacerun: yes;"> </span>In the first place, if the cost of the highways or HSR were 100% borne by the users (through taxes), the government financing of highways or HSR would <span style="text-decoration: underline;">not</span> be a subsidy.</span></span></span></p> <p class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"></span></span></span></p> <p class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"></span></span></span><span style="font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"></span></span></span></p> <p class="MsoNormal"><span style="font-size: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Of course, with either mode, there will be some who are paying but not using.<span style="mso-spacerun: yes;"> </span>But the proper apples-to-apples comparison is to examine both modes and determine the extent to which the users pay for each mode.<span style="mso-spacerun: yes;"> </span>If you make that comparison, you will see that the users of HSR will be paying a very small percentage of the cost, and the rest of the cost will be paid by the non-users.<span style="mso-spacerun: yes;"> </span>With highways, that scenario is reversed.<span style="mso-spacerun: yes;"> </span></span></span></span></p>
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