Jul 31
Privatise Amtrak!
“Yesterday, four Senate Republicans — Kay Bailey Hutchison (Tex.), Trent Lott (Miss.), Conrad Burns (Mont.) and Olympia J. Snowe (Maine) – unveiled a plan to grant Amtrak $12 billion in operating funds
over six years and make available $48 billion in federally backed bonds to pay for capital improvements. ... the Bush administration, which wants to give Amtrak $900 million next year, released details of its previously announced plan to turn train service over to multi- state compacts and end operating subsidies while providing federal grants for capital improvements.” (07/31/03)
From Rational Review.
Here is a suggestion: why don’t we just privatise it outright? If it can’t stand on its own two feet, why should the taxpayer have to support it?
2 Comments so far
Forty years ago, rail travel was privatized. Then competition from airlines and automobiles made rail travel non-competitive.
For a libertarian, that would be the end of the story. But not everybody’s a libertarian.
Forty years ago, rail travel was privatized. Then competition from airlines and automobiles made rail travel non-competitive.
For a libertarian, that would be the end of the story. But not everybody’s a libertarian.