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blue bits. red rocks.
Sunday 8 March 2009

And what’s wrong with high-speed rail lines? This is exactly the kind of infrastructure project that has propelled economic growth throughout American history. Canals. The transcontinental railroad. Rural electrification. Western water projects. The interstate highway system. The Internet. To name a few. This is exactly the kind of thing the government should be doing, especially at a time when aggregate demand has collapsed and unemployment is skyrocketing (and we want to break our addiction to fossil fuels). And this is hardly cutting-edge technology. Japan built the world’s first “bullet trains” that could go 130 mph in the early ‘60’s. (I lived in Japan in the early/mid ‘80’s and loved traveling the country on the “Shinkansen” – much better than air travel.) daggatt

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