Robert J. Samuelson warns us convincingly about the probable failure of high speed rail systems to operate at a profit:
Passenger rail service inspires wishful thinking. In 1970, when Congress created Amtrak to preserve intercity passenger trains, the idea was that the system would become profitable and self-sustaining after an initial infusion of federal money. This never happened. Amtrak has swallowed $35 billion in subsidies, and they're increasing by more than $1 billion annually.Read the article and follow the links for supplemental information. After reading all of that, we need to ask the California High Speed Rail Authority some very pointed questions.