The video was an interesting look on the problems a high rail project faces. The issue is that most people are not too thrilled about using a train for their daily commute. They would rather use a car for the commute. The reason being that a car provides them with safety, comfort and personal space. A train is not too beneficial for the people. The speaker talks about how Europeans are electing to pay more for riding the car than taking the train. The video is also raising good points about the money involved in setting up a high speed rail. It seems like a big gamble if the people do not opt to take the train. The current highway system is an effective mode of transportation and is comfortable.
From the economists viewpoint, I do not think it would make much sense to fund a high speed rail project. The costs are too prohibitive and there is no guarantee it will work. Even if it works, these things require major maintenance funding and a failure could result in people keeping away from them for a while. I think that is the reason private companies are not investing in these projects. They realize that gasoline prices need to shoot up a lot more before people start looking into other modes of transportation.
There are not considering the issue of the damage cars cause to the environment. Cars are the worst polluters and trains are not. Highways and roads require enormous energy to be paved and maintained. During rush hour, cars burn fuel without even providing any real value.
I think that cars need to be moved to electric. This is the future. Highways need to be expanded to account for more people using them. Cars like horses provide an individual way of going about and exploring which high speed trains or any other mode of transportation cannot match.
From the economists viewpoint, I do not think it would make much sense to fund a high speed rail project. The costs are too prohibitive and there is no guarantee it will work. Even if it works, these things require major maintenance funding and a failure could result in people keeping away from them for a while. I think that is the reason private companies are not investing in these projects. They realize that gasoline prices need to shoot up a lot more before people start looking into other modes of transportation.
There are not considering the issue of the damage cars cause to the environment. Cars are the worst polluters and trains are not. Highways and roads require enormous energy to be paved and maintained. During rush hour, cars burn fuel without even providing any real value.
I think that cars need to be moved to electric. This is the future. Highways need to be expanded to account for more people using them. Cars like horses provide an individual way of going about and exploring which high speed trains or any other mode of transportation cannot match.
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