Yet Another Idiotic High-Speed Rail Project

Even with massive budget shortfalls at the federal level and in most of the states, politicians never tire of finding ridiculous ways of spending the taxpayer's money:

The latest "high-speed" (45 mph) rail project


The latest in lunacy in high-speed rail lunacy: at Joel Kotkin’s newgeography.com Wendell Cox reports that the U.S. Transportation Department is dangling money before the government of Iowa seeking matching funds from the state for a high-speed rail line from Iowa City to Chicago. The “high-speed” trains would average 45 miles per hour and take five hours to reach Chicago from Iowa City. One might wonder how big the market for this service is, since Iowa City and Johnson County have only 130,882 people; add in adjoining Linn County (Cedar Rapids) and you’re only up to 342,108—not really enough, one would think, to supply enough riders to cover operating costs much less construction costs.

Oh, one other thing. Cox reports that there is already luxury bus service, with plus for laptops and wireless Internet, from Iowa City to Chicago. It’s part of a larger trend for private companies to offer convenient and inexpensive bus service. A one-way ticket on the bus costs $18, compared to a likely train fare of more than $50. And the bus takes only three hours and 50 minutes to get from Iowa City to Chicago. That’s one hour and 10 minutes faster than the “high-speed” train.

So let’s get this straight. The progressive, modern, “win the future” high-speed rail, which would cost the taxpayers of Iowa millions, would be slower than existing bus service and would cost more. Why ever would Iowa want to spend one dime on this project?