High-speed rail: Can it work in the US?
The symmetry is nice. A half-century ago, President Eisenhower pushed for interstate highways, which connected America, boosted the economy, and helped give the heave-ho to the nation's passenger-rail system.
On Thursday, President Obama announced he wants to connect America, boost the economy, and help give the heave-ho to the nation's interstate-highway travel with a high-speed passenger-rail system that ...
Hey, wait a minute! Is this back-to-the-future government policy?
A $13 billion downpayment
The president would use $8 billion of the stimulus package plus another $5 billion in future federal budgets to begin laying the foundation for 10 high-speed rail corridors around the nation. (See a map here.)
The nation's First Commuter, Vice President Joe Biden, made the most impassioned pitch for something that's dear to his heart: "Imagine whisking through towns at speeds over 100 miles an hour, walking only a few steps to public transportation, and ending up just blocks from your destination. Imagine what a great project that would be to rebuild America."