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...just to make it to the present, let alone the future. U.S. intercity railroads are a laughingstock compared with those in most other developed nations - and, increasingly, even those in developing nations like China, which is investing more than $300 billion to build more than 16,000 miles of high-speed track...
Today you can travel the 250 miles from Paris to Lyon on the high-speed TGV in two hours. Covering a similar distance from Philadelphia to Boston takes some five hours, and that's on an Amtrak Acela train, the closest thing the U.S. has to high-speed rail. "Every other major industrialized nation has recognized that high-speed rail is key to economic growth and mobility," says Petra Todorovich, director of the America 2050 program at the Regional Planning Association. "It's time for America to realize that as well." (See the most important cars of all time...
When the White House announced last spring that it would allocate billions of stimulus dollars to high-speed-rail projects, states submitted 45 applications for more than $50 billion in aid. In the end, the Federal Railroad Administration decided to distribute $8 billion in funding to 31 states, with the biggest single grants going to California ($2.3 billion) and Florida ($1.3 billion...
Demographically, Florida is an ideal state in which to launch the rail projects. Together, the metro areas of Tampa and Orlando are a major economic unit, home to more than 3.4 million people and close enough on the map to make high-speed rail competitive with air and auto travel. The region is also a tourist hub, which makes it likely that a Tampa-Orlando rail line will be well-used by Americans from around the country. That makes it a smart advertisement for other high-speed-rail projects back in their home regions. (Read "A Brief History of High...
...different projects in so many different states, it won't be possible to make a real difference in any one place, as Mark Reutter wrote in a new report for the Progressive Policy Institute. It doesn't help that the one region that could most obviously benefit from truly high-speed rail - the Boston-to-Washington corridor - received a mere $112 million in funding, in part because building new track in the congested area would be prohibitively expensive and politically challenging...