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Our President builds a Railroad
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<p>[quote user="greyhounds"]</p> <p> <blockquote> <div style="clear:both;"></div> <p> </p> </blockquote> </p> <p>"Evil Capitalist Robber Barons"? "Child Labor Laws"? </p> <p>Well, to start out with, nobody is promoting the repeal of things such as child labor laws. The government may have put the finish to child labor with a piece of paper called a law. But the law was made possible by the creation of enough wealth in a nation/society so that there was no longer a need for children to labor. Their parents could earn enough to support the family. The parents could earn enough because their labor productivity was increased by the use of capital. Without this productivity increase preventing child labor by passing a law would have caused starvation. </p> <p> </p> <p>There is no good reason for a railroad other than the creation of wealth. Unless you're President Obama who thinks it's just "Peachy Keen" to build a high speed dedicated passenger train network that will inevitably destroy wealth in our nation. And it will destroy wealth for all of us. I understand that. If you don't understand that, I can only hope you begin your journey to understanding by reading "The Myth of the Robber Barons" and begin to think about it.[/quote]</p> <p> </p> <p class="MsoNormal"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Greyhounds,</span></span></p> <p class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Your point about capitalism creating the wealth to end child labor is an excellent counterpoint to the canned argument that child labor was one of the examples of the inherent evils of capitalism.<span style="mso-spacerun: yes;"> </span></span></span></span></p> <p class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;">Speaking of HSR funding, here is a link describing the full national system of HRS that is contemplated for in the U.S.<span style="mso-spacerun: yes;"> </span></span></span></span><a href="http://www.ushsr.com/ushsrmap.html"><span style="font-family: verdana,geneva;"><span style="font-size: small;">http://www.ushsr.com/ushsrmap.html</span></span></a></p> <p class="MsoNormal"><span style="font-size: small;"><span style="font-family: verdana,geneva;"><span style="font-size: small;"> <o:p></o:p></span></span></span></p> <p><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;">It says that the cost would be ½ trillion dollars.<span style="mso-spacerun: yes;"> </span>That seems like a lot of money, but could we really even build a national system for that figure?<span style="mso-spacerun: yes;"> </span>We just finished spending about one-trillion dollars, and yet amazingly, there is no obvious evidence of what we bought with it.<span style="mso-spacerun: yes;"> </span>According to the HSR proponents, that money could have bought a national HSR system twice the size of the most ambitious national system on the table today.<span style="mso-spacerun: yes;"> </span>That sure would have made us the envy of our friends in Europe. </span></span></span></p>
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