(The ACELA fast train Boston-Washington)
There was talk this morning at the Philo Group discussion coffee klatch to the effect that railroads are a thing of the past because they cannot possibly pay their own way. The idea of fast trains or "bullet trains" merely means more expensive outlays of public money into a business that can never turn a profit.
Someone remarked that the Boston-Washington rail link makes a profit.
I make this point: airlines cannot make a profit either, and we prop them up with public moneys. The highway system cannot make a profit, and we prop that up with public moneys.