The mythology of high-speed rail is not just misinformed; it’s antisocial. Governments at all levels are already overburdened. Compounding the burdens with new wasteful subsidies would squeeze spending for more vital needs — schools, police and (ironically) mass transit. High-speed rail could divert funds from mass-transit systems that, according to a study by Randal O’Toole of the Cato Institute, have huge maintenance backlogs: $16 billion in Chicago; $17 billion in New York; $12.2 billion in Washington; $5.8 billion in San Francisco. Any high-speed rail system should be financed locally; states should decide their transportation priorities.
All this seems familiar, because it’s Amtrak writ large: the triumph of fantasy over fact. The same false arguments used to justify Amtrak (less congestion, pollution, etc.) are recycled. Evidence and experience count for little. Obama and Biden pander to popular prejudices instead of recognizing past failure. Boondoggles become respectable. A White House so frivolous in embracing dubious spending cannot be believed when it professes concern about future taxes and budget deficits.