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Topic: Amtrak Losing $32/Passenger  (Read 423 times)
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« on: October 27, 2009, 12:42:30 PM »
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Government-Run Rail System Losing $32 per Passenger, Study Shows
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Tuesday, October 27, 2009
By Kevin Freking, Associated Press

Washington (AP) - U.S. taxpayers spent about $32 subsidizing the cost of the typical Amtrak passenger in 2008, about four times the rail operator's estimate, according to a private study.
 
Amtrak operates a nationwide rail network, serving more than 500 destinations in 46 states. Forty-one of Amtrak's 44 routes lost money in 2008, said the study by Subsidyscope, an arm of the Pew Charitable Trusts.
 
Stephen Van Beek, president of the Eno Transportation Foundation, a think tank, said the analysis could help guide decisions on how to spend $8 billion set aside for high-speed and intercity rail in a $787 billion economic stimulus bill. Rail planners may decide that spending the funds on high-speed rail makes more sense than slower intercity rail, which the Amtrak numbers show need higher subsidies.
http://www.cnsnews.com/news/article/56132
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The Principle of Subsidiarity
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"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

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« Reply #1 on: January 28, 2010, 12:54:40 PM »
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Only 67 passengers ride new Amtrak train between Seattle and Vancouver

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Either way, spending a million dollars per year in public taxes to move 67 people between Seattle and Vancouver is laughable. Supporters say instead of measuring mobility, we should look at the economic benefits of adding a second train. They point to a WSDOT study that shows Amtrak passengers spend about $13-$26 million a year in the Vancouver area.

Are you kidding? Its reasonable to expect passengers to spend a couple of hundred dollars in the Vancouver area. But if the WSDOT finding is correct, then those 67 passengers would have to spend between $36,000 to $71,000 everyday they crossed into Vancouver. That is simply unrealistic.

The study also mistakenly assumes this economic activity would not occur otherwise. People who choose to visit Vancouver would do so with or without a second Amtrak train. They would just find a different way to get there.

Adding a second train between Seattle and Vancouver makes sense during the Winter Olympics. But continuing permanent service beyond March stretches the support of even the most liberal of economic interpretations.
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The Principle of Subsidiarity
Repeal the 17th Amendment

"peace, commerce, and honest friendship with all nations, entangling alliances with none." - Th. Jefferson

Oh yea... Run Paul Run!
 
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