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View Diary: Myth of the High Speed Rail "Boondoggle" (302 comments)

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  •  You are leaving out other costs in this "analysis" (0+ / 0-)

    You must be against any public investment that doesn't recoup the initial investment, right?

    The problem is that this type of calculation leads to poor decisions. Either not investing in transit or investing in alternatives (air and freeways) also has costs involved, which are high and will get higher in the future. Many things we invest in do not pay for themselves with tickets, but have other associated benefits that make them worthwhile in the long-term, both to local economies and to human well-being. So where do these other comparative costs and benefits of rail fit into your analysis?

    Hopefully you'll rerun the numbers with better data.

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