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[quote user="oltmannd"]Meanwhile, back on the original topic.... I'm not a big fan of ROI for passenger rail projects, because more often than not, all the alternatives have some aspect of government funding and benefits that don't accrue monetarily to the investor. HSR makes sense when it wins the cost/benefit battle with all the alternative, including the "do nothing" alternative. From the article, it sounds like the French railway folk proposed the TGV, in part, to keep the French railways relevant. This is hardly a good reason to do something. If a HSR line can avoid expensive highway or airport expansion, then it has a good chance of "winning" the cost/benefit battle. Other than that, I can't see any other justification for it. [/quote] This has been my argument since the get go.  I agree completely with your assessment.
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