Amtrak for anyone who has tried to get to NYC via NJ Transit is the greatest cause of cancellations, delays etc. It is a tunnel stall, switch failure, signal errors, lack of staff, engine breakdowns. The list goes on. I have spent many hours wondering if I have to swim across the Hudson. All due to Amtrak.
Now along comes the current President as per the NY Times which notes:
“President Biden sees the importance of connectivity that passenger rail brings to cities large and small,” said John Robert Smith, a former board chairman of Amtrak. “Unless the impasse is solved between freight rail interest and passenger rail aspiration, then the broad vision by either party for passenger rail is not a vision but a hallucination.”
Frankly for us minions trying to get under the Hudson it is not a hallucination but a nightmare.
But as regards to infrastructure and a new Hudson River tunnel, try a Municipal Bond. At current interest rates it would be paid by a $1 per trip per passenger. So why burden folks from Utah for a NY/NJ tunnel when the thing could be done locally. And we have a Goldman banker as a Governor.
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