From the NYT:
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July 28, 2009, 6:57 am
Is High-Speed Rail a Good Public Investment?
By Edward L. Glaeser
Last Thursday, the House of Representatives voted another $4 billion for high-speed rail projects, on top of the $8 billion that was part of the stimulus package. President Obama has described a vision of “whisking through towns at speeds over 100 miles an hour, walking only a few steps to public transportation, and ending up just blocks from your destination.” The administration is imagining 10 high-speed rail networks scattered throughout America, not only in the Northeast, but in California, Texas, Florida and Wisconsin.
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