The main argument against building high-speed rail in America is that it’s too expensive. Fortunately, that is simply not true. The net benefits far exceed the cost, as is explained in a new report just released at a Congressional briefing by the American Public Transportation Association (APTA).
The report, titled “Opportunity Cost of Inaction: High-Speed Rail and High Performance Passenger Rail Service,” details how building a high-speed rail program in the U.S. will result in $26.4 billion in net benefits over the next 40 years.
Anti-rail protesters, politicians, and media critics get one of their central arguments wrong, time and time again. While the upfront costs of high-speed rail may look big, the long-term benefits far exceed the costs.
For APTA’s full news release on this matter, jump on over to Page 2.
For the fate of the sons of men and the fate of beasts is the same; as one dies, so dies the other. They all have the same breath, and man has no advantage over the beasts; for all is vanity. - Ecclesiastes 3:19