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WASHINGTON – A high-speed rail corridor through the industrial Midwest – linking Toledo, Detroit, Chicago and more – is one of the potential recipients of billions of dollars in funding in federal grants announced Thursday morning by President Barack Obama. Speaking in Washington before departing on a trip to Mexico, Obama said the U.S. is putting itself at a competitive disadvantage by not embracing the potential of high speed rail to link parts of the nation, saying France, China and other countries are already ahead of us. He pledged $8 billion in funds from the stimulus bill passed by Congress this year and another $1 billion a year for five years. “I know Americans love their cars and no one’s talking about replacing the automobile,” said Obama “But this is something that can be done.”
Originally posted by cautiouslypessimistic
I'm not a huge obama fan, but you all are in such a hurry to bash him that you are overlooking his good ideas.
Today's rail tech is more more economical and efficient, not to mention green, than an time in history. A rail system like this would revolutionize the shipping industry, as semi truck would no longer have to be the main source of shipping.
Auto factories could easily be retrofitted to produce trains, rails and equipment, and the maintenance on such rails is minimal.
Thousands of jobs would be created, it would cut pollution, traffic, and the cost of road maintanance, and would streamline the shipping industry.
Where the downfall? Because it would cost money to start up? Sorry friend, but to stimulate an economy, you HAVE to put money into it.
Originally posted by virraszto
reply to post by cautiouslypessimistic
I wasn't bashing Obama. I just don't know where I stand on this. I didn't think of it in terms of the shipping industry. I thought it was just for transporting people.
Originally posted by justsomeboreddude
I respectfully disagree with "to stimulate an economy that you HAVE to put money into it by spending money". You can put money into it by shrinking the size and spending of government and reducing taxes. As opposed to making government bigger and creating a bunch of projects just for the sake of saying people arent unemployed. I am not saying light rail is all bad, but WE DONT HAVE ANY MONEY. We are borrowing and printing like crack addicts who found a crack machine.
If light rail was so much more effecient then the Railroads, who try to make a profit, would start moving in this direction because it would be more profitable for them in the long run.
Plus what are you going to do with all the unemployed truckers. There is a bunch of people that I wouldnt want to piss off.
And... Why is it called light rail if it can haul all kind of freight? Just curious? Please school me?
[edit on 16-4-2009 by justsomeboreddude]
Originally posted by asmall89
reply to post by cautiouslypessimistic
We already have a REALLY good shipping railway industry! One of the best in the world. This particular project isn't for shipping, a light rail is for transporting people.
The reason we use semis is because trains don't have the ability to maneuver and go in certain places trucks can (mostly because they're limited to the track). Our railway system spans across the country and interconnects throughout many cities in both the east and west. Thats how we progressed so fast through the industrial revolution because we had a huge railway system built, and we still have one of the best. I'm surprised you didn't know that, railroads are a huge part of American history and industry.
Having a light rail is a good idea though, but private industries should use it and if the Government does it it should only be cross country. I would like to see a bullet train like rail system spanning the continental US some day, that would make it so much easier and cheaper on some of us who live out in the the rural west. But you gotta have money to build one, and well the government is kind of broke right now.
Originally posted by justsomeboreddude
reply to post by cautiouslypessimistic
I think it just goes down to common sense. If the government raises taxes it makes our businesses less competitive in a global market. Plus all this spending has to be paid back someday. Just like if I go to the Casino and drop 10k on my credit card. It has to be paid back WITH INTEREST.
I agree with the WHERE and HOW RESPONSIBLY. That is my point. The government is great at wasting money and spending it irresponsibly.
This is not a valid excuse for being irresponsible
Great so we are going to wipe out the rail lines and the truckers which are private and we are going to replace it with light rail paid for with taxes. Plus dont you see all the trucks they haul on trains now so dont we already have the ability to haul freight via train.
You dont need as many engineers as you do truckers unless you are proposing that we just hook up one or two cars to each engine. Truckers are becoming temporarily unemployed because of the downturn in the economy. Not permenantly unemployed.
I will say if a highspeed rail system is more efficient for moving goods and people than so be it. If it is better some group of investors will get together and build it all out. Still creating jobs, trains etc.... Just like they built rail systems back in the 1800's.
Originally posted by justsomeboreddude
reply to post by cautiouslypessimistic
Maybe we do need a highspeed rail system. I think when the government balances its books and saves enough money to pay for it with cash instead of debt then we can debate the merits of it. By then, if it is viable capitalists will have already built it.
Originally posted by cautiouslypessimistic
Originally posted by justsomeboreddude
reply to post by cautiouslypessimistic
Maybe we do need a highspeed rail system. I think when the government balances its books and saves enough money to pay for it with cash instead of debt then we can debate the merits of it. By then, if it is viable capitalists will have already built it.
I get your point, but I feel like you really dont understand economics....