View Single Post
Old 02-10-2013, 12:29 AM   #36
chiefzilla1501 chiefzilla1501 is online now
MVP
 

Join Date: Aug 2008
Casino cash: $9916
Quote:
Originally Posted by AustinChief View Post
This is all true except that in the end, it better make SOME profit(or at least come close to break even) or it isn't sustainable. I think the idea that it needs to make a profit is less about the profit itself and more a PROOF that it is a project that the market wants and needs.

I'm a huge fan of HSR but I think it needs to be done with private funds so that we don't end up with countless "trains to nowhere." I have no problem with government subsidies for massive infrastructure ventures like this done primarily with private funds.
I agree that much of this would need to be funded by private funding. The problem is that in many cases, the private funding is best suited on a state level (e.g. Florida having a rail with funding help from Disney), but the rail only works best when you have multi-state involvement. It will have to be a mix between private and public funding, because there's just no way you can get enough private funding for a federal project to make it go.

The reason why I don't like the profit/loss argument is that it doesn't factor all the intangible benefits that you can't put a dollar toward. This transportation system is a SIGNIFICANT positive enabler for businesses. The government may not make profit from that enablement, but it certainly makes the cost much more justifiable.
Posts: 20,587
chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.chiefzilla1501 is too fat/Omaha.
  Reply With Quote