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High Speed Rail Fantasy

With great fanfare the U.S. Transportation Secretary this week reallocated nearly $800 million to projects furthering the President’s high speed rail goals for the Northeast corridor where Amtrak operates the Acela trains between Washington DC and Boston. The seemingly heady sum was part of $2 billion in federal funding, which had been rejected earlier this year by Republican governors in Florida, Wisconsin and Ohio for similar projects

By Jonathan D. Miller | Updated on May 10, 2011

With great fanfare the U.S. Transportation Secretary this week reallocated nearly $800 million to projects furthering the President’s high speed rail goals for the Northeast corridor where Amtrak operates the Acela trains between Washington DC and Boston. The seemingly heady sum was part of $2 billion in federal funding, which had been rejected earlier this year by Republican governors in Florida, Wisconsin and Ohio for similar projects.

Now to most intelligent readers, $800 million sounds like an enormous contribution, which will help transform popular Acela trains, which now average about 80 miles an hour, into Japanese style bullet trains or something akin to the Eurostar line which takes riders from London to Paris in just over two hours.

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