I saw this quote on the Aggieland board and thought it was appropriate to discuss here in DFW.
"In spite of their large and growing populations, Dallas and Houston are poster children for big cities where high-speed rail has no chance of succeeding without public funding unless land use and transit patterns change dramatically.
http://reason.org/news/show/texas-high-speed-rail-caution
There is a pdf of the full report on that site that calculates Texas Central Rail having annual deficits of $500 million for their first 40 years of operation and their claim of "no taxpayer funding" is a falsehood since they are applying for government guaranteed loans to pay for construction.
Does Texas Central Rail remind anyone of the Simpsons Monorail episode?"
"In spite of their large and growing populations, Dallas and Houston are poster children for big cities where high-speed rail has no chance of succeeding without public funding unless land use and transit patterns change dramatically.
http://reason.org/news/show/texas-high-speed-rail-caution
There is a pdf of the full report on that site that calculates Texas Central Rail having annual deficits of $500 million for their first 40 years of operation and their claim of "no taxpayer funding" is a falsehood since they are applying for government guaranteed loans to pay for construction.
Does Texas Central Rail remind anyone of the Simpsons Monorail episode?"