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Celebrating 40 Years of Amtrak Deficits (Subsidized by You)
Capitol Confidential ^ | 9/30/2014 | Jarrett Skorup

Posted on 10/01/2014 6:03:05 AM PDT by MichCapCon

MLive reported Sept. 30 that Amtrak’s Blue Water line from Port Huron to Chicago was offering a ticket deal to celebrate 40 years.

MLive reported: "You'll need to act fast for the ticket deal, which kicks in when a customer purchases one ticket — that allows them to purchase a companion ticket for 40 percent off."

For the Record says: Only in the subsidized world of public transit can a company celebrate an anniversary with deals despite years of being in the red. The Blue Water line lost $3.2 million in 2012, $2.3 million in 2013, and as of July 2014 was $900,000 in deficit. Michigan spends $40.6 million, $98.11 per roundtrip passenger, to subsidize its Amtrak lines.

(Excerpt) Read more at michigancapitolconfidential.com ...


TOPICS: Government
KEYWORDS: trains

1 posted on 10/01/2014 6:03:05 AM PDT by MichCapCon
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To: MichCapCon

Whenever I see a thread about trains, I am reminded of Willie Green.


2 posted on 10/01/2014 6:08:26 AM PDT by dc27
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To: dc27

Wonder whatever happened to Boxcar Willie?


3 posted on 10/01/2014 6:12:13 AM PDT by bray (Read: Republic of Texas 2022)
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To: bray

He must be on that union organizing radio show that comes out of Pittsburgh. They are always fawning all over Amtrak, how wonderful it is, and how we really ought to write them a blank check to build high speed rail.


4 posted on 10/01/2014 6:13:39 AM PDT by Buckeye McFrog
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To: MichCapCon

Cattle car socialism…

http://www.usdebtclock.org

…a bigger train wreck is coming.


5 posted on 10/01/2014 6:17:49 AM PDT by PGalt
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To: bray

He died 15 years ago.


6 posted on 10/01/2014 6:18:18 AM PDT by Blood of Tyrants (The cure has become worse than the disease. Support an end to the WOD now.)
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To: MichCapCon

Speaking for myself, I’d rather subsidize Amtrak than EBT.


7 posted on 10/01/2014 6:19:11 AM PDT by 1raider1
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To: MichCapCon
More background for those that don't remember the NY Central + Pennsylvania RR -> Penn Central -> Amtrak fiasco
8 posted on 10/01/2014 6:25:16 AM PDT by Paine in the Neck (Socialism consumes EVERYTHING)
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To: 1raider1

I don’t know what AMTRAK does that can’t be done quicker and cheaper by a low-cost commuter airline without taxpayer subsidies.


9 posted on 10/01/2014 6:28:26 AM PDT by EricT. (Everything not forbidden is compulsory.)
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To: 1raider1

~Speaking for myself, I’d rather subsidize Amtrak than EBT
EBT~

Bingo. Say what you want about railways but in case of major crisis like WWIII or another Extinct Event it would be the lifelines of civilization. You can’t overestimate their strategic value.


10 posted on 10/01/2014 6:37:01 AM PDT by wetphoenix
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To: 1raider1

By all means, subsidize it. Just leave the taxpayers out of it.


11 posted on 10/01/2014 7:04:40 AM PDT by Daveinyork
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To: EricT.

When Megabus is selling online tickets for a little as a dollar, how is Amtrak supposed to survive? Or why?


12 posted on 10/01/2014 7:52:05 AM PDT by Buckeye McFrog
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