Saturday, February 28, 2009
Only $8 Billion for a High Speed Railroad System?
President Obama mentioned contruction of a high speed train system in a Indiana campaign speech last year. He said it would create more jobs and connect the population centers of America. I guess he is a man of his word. Just last week when he signed the Recovery and Reinvestment Act, spending $8 billion of the $787 billion on new high speed railroads. Above is a map of what it is thought to look like. My only question is, will $8 billion be enough? It costs $10 billion alone for a line between Los Angeles and San Fransico. How much of an impact will this actually make? Sure this past week he added funds to the summary of the budget sent to Congress. But that only adds $1 billion a year for 5 years. That is still only $13 billion. Seeing as though some say this is part of his so called legacy, I'm interested to see what President Obama will unfold in the next four years. As for now, I'm still bumming rides off of friends and departing from Detroit Metro Airport for long distance trips.
Let's hear your thoughts.