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High-Speed Boondoggle

By Robert Samuelson - August 24, 2009

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WASHINGTON -- The Obama administration's enthusiasm for high-speed rail is a dispiriting example of government's inability to learn from past mistakes. Since 1971, the federal government has poured almost $35 billion of subsidies into Amtrak with few public benefits. At most, we've gotten negligible reductions -- invisible and statistically insignificant -- in congestion, oil use or greenhouse...

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Robert Samuelson

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