Tuesday, January 24, 2012
High-speed rail: A £250m lesson for Britain's rail enthusiasts
"High speed rail" has a pleasant sound to it.
Unfortunately, at this point in time, it's is not financially feasible in many of the places that are trying to build it.
Once again, elected officials are ignoring facts in their zeal to be a part of this great sounding, money losing enterprise...
Unfortunately, at this point in time, it's is not financially feasible in many of the places that are trying to build it.
Once again, elected officials are ignoring facts in their zeal to be a part of this great sounding, money losing enterprise...
Andrew Gilligan writes about this issue in the U.K. Daily Telegraph:
"As the Government prepares to give the go-ahead to its hugely controversial London-Birmingham high speed rail project, its closest equivalent in Europe has had to be saved from bankruptcy with a £250 million government bailout."
