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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...
...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...
Nevertheless, high-speed rail is an idea whose time has come - at least for environmentalists. According to Environment America, high-speed rail uses a third less energy per mile than auto or air travel, and a nationwide system could reduce oil use by 125 million bbl. a year. In addition, high-speed rail represents the kind of long-term infrastructure investment that will pay back for decades, just as the interstate highway system of the 1950s has. "This is a down payment on a truly national program," said Biden, who has logged more than 7,900 round trips...
...independent nations. The United States, viewing a nation of former slaves as a threat to slavery in the Western hemisphere, refused to grant diplomatic recognition to Haiti until 1862. The French demanded that Haiti pay an unreasonable price for the new nation to receive diplomatic recognition—150 million gold francs to French citizens who lost property and assets during the Haitian Revolution. Needless to say, repaying a debt representing five times Haiti’s export revenue for 1825 drained the government’s coffers, crippling the capacity of the Haitian state to support its large peasant...
...family operations, and life savings. Yet a recent Kauffman Foundation report indicated that there is a “coming entrepreneurship boom” among people ages 20-34. The Democrats’ healthcare plan would require all small businesses with payrolls over $400,000—around one million employers—to cover healthcare or pay an 8 percent surcharge. This means that the added bureaucracy and taxes of the current healthcare bill will stymie future innovation...