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ACELA IS IT A BIG MISTAKE
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The main problem with Amtrak is a complete total lack of capital expenditures to maintain and upgrade its equipment and right of way.... The woesayers say its not turning a profit..... Us backers say there hasn't been enough capital expenditures....the woesayers say run it as a business..... Well, a business uses depreciation to fund its capital projects.... <br /> <br />One thing is for certain, Amtrak is not a business.....its a service..... A service similar to the police and fire departments across America..... <br /> <br />Surely 40 year old coach cars and 50 year old diners should have depreciated enough to fund new equipment. Surely 30 year old Superliner cars should have depreciated enough to fund new equipment.... So don't say run it like a business, it ain't.....
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