High-Speed Rail
President Obama has proposed an $8 billion high-speed rail program. The Lincoln Institute for Land Policy recently completed a multi-year study of high-speed rail and included an action plan for moving forward. An ambitious program to develop high-speed rail in this country is said to improve our national infrastructure and would be a boon to manufacturers of rail equipment and supplies. Unfortunately, what everyone is talking about is neither high-speed nor a good idea. I’ll explain why at a later date.