Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
you are in desperate need of a clue. The crony capitalism of the korean economic system makes wall street look like bailey savings and loan. Hyundai and samsung basically own south korea. Meanwhile the japanese economy has been in a two-decade period of economic stagnation and the japanese government recently devalued the yen in a desperate bid to make exports more attractive. These are the economies you want to model ours after?
If you lived in korea, you could probably buy a clue from a store owned by hyundai, built by construction workers who work for hyundai, using financing from a bank controlled by hyundai with interest rates set by a government finance minister related to the family that controls a major stake in hyundai.
Would most of us even use it, assuming it would be the most expensive way north?
Aside from the cost of car ownership or leasing, the subsidized Acela is the most expensive way north now on many rails owned by freight companies and it's mostly used by business travelers who aren't footing their own bill.
Bolt Bus and discount airlines are so popular because they're cheap. Im just not sure the masses would pay even a subsidized ticket price for this convenience.
Would most of us even use it, assuming it would be the most expensive way north?
Aside from the cost of car ownership or leasing, the subsidized Acela is the most expensive way north now on many rails owned by freight companies and it's mostly used by business travelers who aren't footing their own bill.
Bolt Bus and discount airlines are so popular because they're cheap. Im just not sure the masses would pay even a subsidized ticket price for this convenience.
True, but the Acela is successful with a mere 45 minutes time-savings over driving and downtown to downtown benefit over flying to NYC. The MagLev would be worth paying more for if it saves 2-3 hours. I also think catering to business people in the nation's strongest economic region is a great thing.
Meanwhile the Japanese economy has been in a two-decade period of economic stagnation and the Japanese government recently devalued the yen in a desperate bid to make exports more attractive. These are the economies you want to model ours after?
Japan's per-capita income has actually not stagnated, it's just the population growth that's tanked in Japan. That's not a problem the U.S. has to worry about yet. Japan is devaluing the yen, but the U.S. is devaluing the dollar (or at least trying to). It's also par for the course as Japan kept the yen undervalued during its rise, only really letting it float immediately before the bubble. Most importantly, high-speed trains have been an unequivocal success in Japan. The maglev might not be so good for Japan, but again, that's directly tied to population decline.
The paranoia of Americans will be their downfall (yes I'm talking about some of these responses). Because this constant paranoia and mistrust of anyone not born in the U.S.A leads to Americans shooting themselves in the foot and flushing golden opportunities down the toilet.
Americans need to learn to recognize a good thing when they see it and stop assuming the worst of everyone and everything that's "new". This is why we can't move forward in most of this country. Big business pumps out the fear among the ignorant masses to keep their pockets lined with cash. And most morons fall for it.
Anyway.. this train is a no-brainer great idea. Ideally each coast should have one connecting all the major cities.
Boston, NYC, Philly, Baltimore, DC, Charlotte, Atlanta, Miami, etc. all connected by a MODERN rail system.
Seattle, Portland, San Francisco, LA, San Diego, Vegas, Phoenix, etc. all connected by a MODERN rail system.
If Americans can't notice a good thing when they see it.. they deserve their crappy infrastructure. Its what they vote for in every election.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Not that I don't love flying though lol.
