Login
or
Register
Home
»
Trains Magazine
»
Forums
»
Passenger
»
What's Ahead for Amtrak
Edit post
Edit your reply below.
Post Body
Enter your post below.
<p>[quote user="CMStPnP"]</p> <p>Sams arguement on each mode of transportation paying for itself without subsidy is a recipe for the United States to become a third world country. It's pure nonsense and hopefully will forever be treated as such. The fact is the United States is competing on a world stage with countries that are pouring billions into their ifrastructure and very little of it based on user fees. For the U.S. to flip entirely to a unsubsidized model in that environment would mean an EPIC FAIL in economic competitiveness of this Country. Further apart from the Countries we are competing against.....our transportation system cannot be supported entirely by user fees without significantly and negatively impacting year to year Economic growth. We tried it with our Private Freight railway industry and look where we are now, we have a freight rail system feverishly trying to add capacity BUT is limited by the amount of capital it has on hand, we have shippers suing the same industry for attempting to cover their true capital costs of carrying the freight, eventually the government is going to have to step in and fund some large scale freight rail projects (and they already have) because the private railroads cannot handle the entire burden financially. Even the ones earning their full cost of capital do not have enough money to do so.</p> <p>It's interesting reading Sams posts but his theories have already been proven NOT to work in practice in this country, they would be a disaster if applied today for our economic competiveness against other countries.......none of which are following his "model".[/quote]</p> <p>My views are not unlike those of Milton Friedman, Joseph Schumpeter, Martin Feldstein, etc. They may differ from yours, but they are not nonsense. Calling other view points nonsense does little to add to or further a discussion. </p>
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag
Update Reply
Join our Community!
Our community is
FREE
to join. To participate you must either login or register for an account.
Login »
Register »
Search the Community
Newsletter Sign-Up
By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our
privacy policy
More great sites from Kalmbach Media
Terms Of Use
|
Privacy Policy
|
Copyright Policy