Cornell University transportation expert
Rick Geddes has analyzed our rulers' plans for high speed rail. His conclusion is not surprising:
"My concern is that the proposals currently on the table are for high speed rail between a lot of points where I don't think it makes economic sense," said associate professor Rick Geddes of Cornell University's Department of Policy Analysis and Management.
More than 20 high speed railways are planned, but the professor says routes like the proposed Albany-Buffalo line won't have enough passengers to pick up the bill. Just like those bullet trains careening through Europe and Asia.
"So the governments have to continually lay out funds to support those high speed trains which we like very much, but you're talking about continuing public outlay that I think the United States cannot afford given the fiscal problems that we're facing on state, federal and local levels right now," Geddes said.
Geddes estimates these schemes will cost
$50 million per mile. That's your money, amigos! Details and video at
YNN.
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