Home > Meddling Government, Taxes > High Speed Rail

High Speed Rail

In 2009, Obama “bragged” about cutting $100 million from the budget by encouraging people to save money on travel by video conferencing.

Now he wants to spend $53 billion, with a ‘B’, on high speed trains so people can travel instead of video conferencing.

Passenger trains have been a money pit for years in the US, there is no evidence that anything short of divine intervention is going to change that in the near future.

It”s a classic example of government in action: If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it.

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Categories: Meddling Government, Taxes
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