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Re: (erielack) NJ/PA - Environmental Assessment for Lackawanna Cutoff now ava...
- Subject: Re: (erielack) NJ/PA - Environmental Assessment for Lackawanna Cutoff now ava...
- From: Jim Guthrie <jguthrie_@_pipeline.com>
- Date: Fri, 19 Jun 2009 14:29:30 -0400 (GMT-04:00)
Henry writes:
>I have never been a big fan of train rider welfare.
Highway engineers figure the subsidy from general taxation for motorists runs around 44-46%; rail advocates figure it at 56-60%; the strong libertarian anti-gummint, anti-tax folk figure it at 88%.
What makes automobile drivers so special that they receive substatial subsidies, but you think rail riders don't?
BTW -- as to Jerome's screed, it has always been my understanding that #1-2 actually more than covered its marginal costs right up until the end, an that EL management was actually surprised when the ICC examiner accepted their petition for discontinuance. The N&W wanted all passenger service off the books no matter what the circumstances. I realize full costs would nto be covered but railroading has always been a business of marginal costs not full costs anyway.
Cheers,
Jim Guthrie
ELHS $1296
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