Tuesday, February 08, 2011

It's Time to End Amtrak Funding | Randal O'Toole | Cato Institute: Commentary

It's Time to End Amtrak Funding | Randal O'Toole | Cato Institute: Commentary: "Train travel has declined for good reason: Trains are slower than flying, less convenient than driving, and far more expensive than either.

Per passenger mile, Amtrak fares average twice as much as airfares or the cost of intercity driving."

"The round-trip subsidy to each New York-to-Orlando train passenger is close to $500." "Taxpayer subsidies to someone driving or flying between New York City and Florida are less than $25 round trip."

"Amtrak's diesels use as much energy and emit as much pollution as cars in intercity travel."

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