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[h=1]California high-speed rail cost estimate soars[/h]
To offset that sense of shock, the rail system's backers are stressing it would serve over the near-term as a jobs program. California has a double-digit unemployment rate and forecasters expect it will ease only gradually.
The Authority said on Tuesday that a bullet-train network across California would create 100,000 jobs over the next few years and "another 1 million jobs moving forward."
"For too long, High-Speed Rail Authority officials trumpeted the dream, but showed little taste for confronting economic and political realities," State Treasurer Bill Lockyer said in a statement.
The Authority is also trying to capitalize on other concerns for Californians, notably fiscal and environmental ones. It said high-speed rail would be a bargain compared with $170 billion over the next 20 years to expand highways, airport gates and runways -- each contrary to California's efforts to combat global warming.
But the plan also says the system would be profitable even at the lowest ridership estimates and wouldn’t require public operating subsidies.
It also calls for retaining the most controversial aspect of the proposed rail line — starting construction in the Central Valley. Critics want to start in more populated areas of southern or northern California in case money runs out before the full system is finished, which they worry would create a “train to nowhere.”
I would fund the **** out of a true, national high speed rail system.
What's the difference between that and a false, national HSR system?
Another thing they really need to do though is ensure that the system is affordable. The Northeast Corridor (Washington D.C. to Boston) is serviced by Amtrak which has a pseudo high speed rail line. Tickets on that train cost almost as much as a flight between the cities. If they build this it needs to be cost effective and allow Americans to travel cheaper then what they would pay in airline tickets.
Interesting tidbit - the acela express is actually the only Amtrak route to operate at a profit.
I wish they should build a high speed rail system that interconnect the major cities. The government should contract a company to build them cheaply and efficiently. If China, Japan, and many other nations around the world can do this I don't see why America cannot. I think we would benefit from a high speed rail system as a nation.
Maybe so, but it's no cheaper then airline tickets and really isn't feasible for Americans at large who want a cheaper travel alternative to airlines. From what I understand most of the Acela ridership is done by businessmen who hate flying. When I took a train from Trenton to New York Penn Station it was much much cheaper to purchase NJT tickets ($20) versus Amtrak Acela tickets (near $80 each way).
I agree with you. I also think another benefit to the government owning and building the tracks is that more cities would be given access. As a federal project I think the majority of the nation should have access to this and not a select few highly populated cities. The infrastructure in our nation is nearing 60 years old and we really need to step it up and join the rest of the world.
I agree with you. I also think another benefit to the government owning and building the tracks is that more cities would be given access. As a federal project I think the majority of the nation should have access to this and not a select few highly populated cities. The infrastructure in our nation is nearing 60 years old and we really need to step it up and join the rest of the world.
Well, if I'm not mistaken there are only two working magnetic levitation trains out there to be viable. One is from Germany and the other is built by Japan. I think it is Siemens that is the company that builds the German one. Don't know who builds the Japanese version. The German one is the one being used in China in Shanghai. From what I understand China is coming out with one of their own but it is being rumored to be nothing more than a reversed engineered German HSR that they have.
From what I've read a while back the fastest of the two is the Japanese one which on it's test track has reached 361 mph and the German one was around 350 mph. They also figured out that it would get you to your destination faster than planes that fly faster up to somewhere around 800 or 1000 miles due to the ease and speed of loading, unloading and not having to sit on a tarmac awaiting flight clearance and landing.
We need to build this thing. I say we do it with a government owned track and privately owned trains. Like the highway is for cars. Then the trains running on it have a per ticket fee like, $5 per ticket sold or something to go towards track maintenance and expansion. (the number is arbitrary but using that model for maintenance and growth).
China actually has the only commercially operating Maglev train. It operates between Pudong International Airport and the the center of the Pudong district in Shanghai. It was built by Siemens
That's why I think a government owned track with private trains would be the thing. Because the government could help work through right-of-way issues that city, county and state governments often throw up and massive obstacles to private companies who want to pursue such ventures (or companies suing the crap out of local or state governments to block competition from achieving something new that threatens their business See Google in Kansas City and their getting blocked for Telephone pole right-of-ways to establish a super super super fast internet service for the city).
then throw the private trains as the competition needed to push the prices down.
Because a slow speed rail system has worked out so well that we need to speed things up?I would fund the **** out of a true, national high speed rail system.
I think that a nationalized high speed rail system can only be done by the government. It's far too expensive and far to expansive to be accomplished by the free market. .
Translation: if the federal government spends the hundreds of billions nobody will care if the overall economics suck. Moreover, only 70m people will have to pay for the system while another 260m people get to live large on the backs of the working stiffs that actually pay income taxes.
It's not really a feasible project for the private sector, the costs are too high.
Actually, high speed rail was one of my solutions for the unemployment rate. You'll create temporary jobs to build it so that people can keep working and the economy can recover. A true high speed rail system which links our major cities and can then later be expanded to cover even more...that would be exceedingly useful to us.
Also I don't buy your numbers. You're essentially saying that over 82% of Americans do not pay any federal tax.
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