High-speed pork

posted by
February 15, 2011
Cato Institute
by Randal O'Toole  
Posted in Commentary

"Far from serving 80 percent of Americans, Obama's trains will serve only about 8 percent. High-speed rail's main market is downtown-to-downtown travel. But little more than 7 percent of Americans work in big-city downtowns, and fewer than 1 percent live there. Few aside from this fairly wealthy elite will regularly ride high-speed trains. For the few who use it, high-speed rail will substitute an expensive form of travel for much more affordable forms." (02/14/11)

http://www.cato.org/pub_display.php?pub_id=12781  

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