Why Is Amtrak About To Go Out Of Business?

A Newsweek columnist rides the Acela train and considers its Amtrak's financial problems.

1 minute read

May 3, 2002, 6:00 AM PDT

"If you think that the government shouldnt be in the business of subsidizing Amtrak, thats fine. But then the government really shouldnt be in the business of subsidizing Greyhound or United Van Lines by building the roads that its buses and trucks use. Then of course, the government shouldnt be in the business of subsidizing the airlines by paying for the nations air-traffic control system and the construction of airports. And while youre at it, the government shouldnt even be in the business of subsidizing you and your nice big SUV by keeping tolls and fuel taxes lower than they would be if such fees were fully financing road construction and maintenance rather than just a tiny share."

Thanks to Chris Steins

FULL STORY: Railroaded Again

Thursday, May 2, 2002 in Newsweek

Transportation United States

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