Home » Stopping the Runaway Train: The Case for Privatizing Amtrak (PA 712) by Randal OToole
Stopping the Runaway Train: The Case for Privatizing Amtrak (PA 712) Randal OToole

Stopping the Runaway Train: The Case for Privatizing Amtrak (PA 712)

Randal OToole

Published November 13th 2012
ISBN :
Kindle Edition
37 pages
Enter the sum

 About the Book 

When Congress created Amtrak in 1970, passenger-rail advocates hoped that it would become an efficient and attractive mode of travel. More than 40 years later, Amtrak has become the highest-cost mode of intercity travel and remains an insignificantMoreWhen Congress created Amtrak in 1970, passenger-rail advocates hoped that it would become an efficient and attractive mode of travel. More than 40 years later, Amtrak has become the highest-cost mode of intercity travel and remains an insignificant player in the nations transportation system. Budgetarily, Amtrak has become a runaway train, consuming huge subsidies and providing little or no return. Simple justice to Amtraks competitors as well as to taxpayers demands an end to those subsidies. In this Policy Analysis, OToole argues that the only solution for Amtrak is privatization.