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To: Tench_Coxe

Amtrak is what you get when the government subsidizes a dying industry.


6 posted on 12/14/2021 1:06:29 PM PST by rarestia (“A nation which can prefer disgrace to danger is prepared for a master, and deserves one.” -Hamilton)
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To: rarestia
Amtrak is what you get when the government subsidizes a dying industry.

Its dying because its government regulated, mandated and controlled - and has been, increasingly so, for at least 110 years.

What would passenger rail travel be if it were completely deregulated and thrown open to human initiative, free-investment and free-management?

We will never know.

10 posted on 12/14/2021 1:14:41 PM PST by PGR88
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To: rarestia
Amtrak is what you get when the government subsidizes a dying industry.

Amtrak was first called RailPak but they thought it was too embarrassing.

Just before they took over, Johnny Carson said: "Police reported that last night someone broke a basement window of the headquarters of the Pennsylvania Railroad. They got into the offices and stole $11 million in debts."

42 posted on 12/14/2021 4:22:17 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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