In response to:

Why Freight Rail Pays and Passenger Trains Flunk

alphathought Wrote: Apr 01, 2013 4:18 PM
But, the California folks have reorganized and lowerd the price tag to "only" 66 B by squeezing out consultants. D*&^*d if I know how that works and how you lower the cost estimate by 34 B. Sounds like the OGOC (Orwellian Governor of California) is following the "investment" rules of the OPOTUS.
Forty years ago, American railroads were in trouble. The Penn Central, the largest railroad, had recently gone bankrupt.

American freight rail was technologically obsolescent and hamstrung by union rules and government rate regulation. American passenger rail was unprofitable and unreliable.

Freight rail was losing business to trucking firms. Passenger rail was losing out to cars on the new interstate highways and airplanes on long routes.

The past 40 years have seen a laboratory experiment on how to revive railroads. Government has gotten out of freight rail, while passenger rail has become largely a public sector function.

We've had a chance to...