Before we look at the easy-to-see benefits and conclude that subsidies are good for economic development, we need to make sure we’re counting all the costs.
It’s time to pull the plug on Amtrak–or at least the taxpayer subsidies that prop it up.
They first tried to say the cause of the crash was a lack of government money. Except Amtrak has received over $30 billion since its 1970 inception. The last spending bill signed by President Barack Obama included $1.4 billion for Amtrak.
Yahoo Travel ranks the Las Vegas Strip as the nation’s second most popular tourist attraction, trailing only Times Square in New York City. Southern California residents can easily reach Las…