Governor Rick Scott returned money that Sen. Bill Nelson tried to force Florida to take for a high speed rail serving Tampa-Orlando. Governor Scott Walker and Governor John Kasich had returned it before the money made its way to Florida.
President Obama want 80% of the country serviced by high speed rail.
Fortunately that will never happen.
America is a car society. We go where we want want, when we want - and we aren't dependent on a train route or train schedule to determine this.
The China high speed rail - often held over us like an older sibling doing well in school when we aren't - has proven that high speed rail doesn't work. If it can't work in China - where there really is an expanse of geography to be covered, where there is seemingly limitless money to invest, and where there are no shortage of riders - has lost billions of dollars (over $300) and created a real scandal for the man in charge of the system.
There is concern about safety and construction methods and materials. Two weeks ago, the government reduced the speed trains could travel by 30 mph - not so high-speed anymore. Also ticket sales can't come close to funding the debt service (over $27 billion in 2011).
The China experiemnt should put to rest our dreams of high speed rail.
Now, let's get on with drilling and mining all of the oil and gas we have in the country - more than any other nation.
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For more information on my coaching and educational programs and services, visit my website stevehoffacker.com, or go to my other blog homesalesinsights.com for additional sales tips, insights, and commentary. Listen to my free podcast messages at Steve Hoffacker's Happenings.
Steve Hoffacker - Consultant, Coach, Author, Blogger, Photographer, Motivator, Teacher, & Strategist - for Realtors, Real Estate Sales Professionals, Home Builders, New Home Salespeople, Entrepreneurs, Small Business Owners, and Independent Sales Representatives.
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