Re: High Speed Rail - Yes or No?
Quote:
Originally Posted by
neilgolli
Heather it burns now, but how will 10, 11, 12 % feel like? You know the increase had to happen because of poor choices and overspending in the past. How will burning threw 8,000,000,000,000 (thats 12 zero's) (plus interest) to study the possibility of a railway system impact your taxes in the future? Is it worth the burden on your children?
Would you say that investing in the existing rail ways for use as passenger routes would be a good idea? Because that money is also (Or most of it, per some reports) investing in the existing tracks.
I work in rail, and I can tell you, we already have a very large amount of railways around the east and midwest. CSXT is on the eastern side, with UP and BNSF from the midwest to pacific and south.
The problem though is these routes aren't made for high speed (90+mph) trains, and really run mostly heavy freight. Upgrading the tracks takes time, and money that rail companies do when absolutely necessary.