I hope that Congress does not permit Amtrak to go under.
The President has done a radical thing by essentially zeroing out Amtrak's entire budget; although there are funds for certain Northeastern commuter corridors, I gather that this does not fund Amtrak as a whole, but merely local operation of those routes.
It is a bit of a shame that Amtrak may go away. I've always enjoyed train travel. On the other hand, Amtrak has not been profitable. Billions have been used to subsidize it.
It comes down to this: Can a nation afford not to have passenger rail service?
Disclosure: I own shares of Burlington Northern, a multimodal transportation concern that owns and operates a large portion of the nation's rail stock. BN does not operate passenger lines, as far as I know.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment