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U.S. Mayors: High-Speed Rail Would Bring Billions of Dollars to Cities
Earth & Industry ^ | Thursday, July 22, 2010 | Zachary Shahan

Posted on 07/22/2010 12:31:24 PM PDT by Willie Green

Want to create billions of dollars in new business and thousands, or even hundreds of thousands, of new jobs? Build high-speed rail in your region.

Since President Obama announced earlier this year that the federal government was investing $8 billion in high-speed rail projects across the country, I have seen people asking repeatedly, "Is this really a good investment?" Or just claiming outright that it is not. If implemented badly, or only in disconnected pieces, high-speed rail could flop. But, if implemented as proposed, high-speed rail is a great investment, which is why so many people (especially experts in this field) are so enthusiastic about it. A recent report out by the U.S. Conference of Mayors confirms this claim and gives right to that enthusiasm.

The report, The Economic Impacts of High-Speed Rail on Cities and their Metropolitan Regions, which examined four hub cities -- Los Angeles, Chicago, Orlando and Albany, N.Y. -- found that $19 billion in new business and 150,000 jobs would be created from high-speed rail projects in those regions.

Increasing tourism, giving businesses a wider pool of workers to choose from, and helping with the growth and development of technology clusters, these high-speed rail networks would create more benefits than costs.

"It is a game changer with how people envision the city; people see the city in new ways," Steve Fitzroy, director of operations for the Economic Development Research Group, the organization which conducted the study, told the New York Times.

Albany, for example, which is not that well-connected to New York City currently, would be "pulled into New York City's economic core." Albany would gain $2.5 billion in new business and 21,000 jobs if a proposed high-speed rail network connecting it with NYC, Syracuse, and Montreal gets implemented, according to the report.

In Florida, a high-speed rail network connecting Orlando, Tampa, Miami, Fort Lauderdale, Palm Beach and other areas in that region, would generate $2.9 billion per year in new business, $1.7 billion more per year in gross regional product, and an additional 27,500 jobs, the report found.

The results are similar in California, the Midwest, and other regions looking at high-speed rail. And they are comparable to results already seen in Europe and Asia after such networks were put into place there.

If high-speed rail keeps chugging along in the U.S., it looks like it will help our economy recover and grow considerably.


TOPICS: Business/Economy; Government; Travel
KEYWORDS:

1 posted on 07/22/2010 12:31:26 PM PDT by Willie Green
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To: Willie Green

Man! The kenyan is really working overtime in destroying this country! There’s not that much stupidity left in him is there?


2 posted on 07/22/2010 12:34:09 PM PDT by albie
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To: Willie Green

In Seattle, opponents of Light Rail have shown that they could buy every Light Rail passenger a brand new Toyota Prius every year for less money than they have spent on light rail.


3 posted on 07/22/2010 12:34:57 PM PDT by microgood
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To: Willie Green

Yeah, billions of taxpayer dollars. Wasn’t that the plan all along? Kind of like LBJs urban renewal plans built a Great New Society. Shifting productive dollars to unproductive enterprises doesn’t grow an economy, it distorts it. But that is Obamanomics in a nutshell. Dollars need to be funnelled to those areas that produce the most reliable voter turnout for Democrats. Hi Ho Silver, High speed rail away...


4 posted on 07/22/2010 12:37:28 PM PDT by equalitybeforethelaw
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To: albie

Could bring billions of dollars to cities.

Seems like it would be cheaper to build walls around them and let them starve.


5 posted on 07/22/2010 12:37:38 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: Willie Green

Maybe what Detroit needs is high speed rail. You never know until you build. Just build the easy take-down model.

Of course Detroit could just dump their liberal masters.


6 posted on 07/22/2010 12:39:27 PM PDT by Tarpon (Obama-Speak ... the fusion of sophistry and Newspeak. It's not a gift, it's just lies.)
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To: Willie Green

Yeah. It would attract billions of TAX dollars.


7 posted on 07/22/2010 12:42:17 PM PDT by earlJam
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To: Willie Green
Ever since I threw my momma from a train, I can't take trains anymore.

FMCDH(BITS)

8 posted on 07/22/2010 12:43:51 PM PDT by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: microgood

Same with Charlotte. Someone posted an article a few weeks ago that said it cost multiple times as much to build as was projected, which is typical of these socialist projects.


9 posted on 07/22/2010 12:45:10 PM PDT by lwd
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To: Willie Green

High speed rail in the USA = the terrorists’ ultimate wet-dream.


10 posted on 07/22/2010 12:47:00 PM PDT by Migraine (Diversity is great... ...until it happens to YOU.)
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To: Willie Green
Seattle light rail officials overestimate ridership by ~1000%
11 posted on 07/22/2010 12:48:45 PM PDT by matt1234 (The only crisis 0bama can manage is one he intentionally created.)
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To: microgood

Alternatively, you could pay all the riders to stay home from work, and it would be cheaper.


12 posted on 07/22/2010 12:50:07 PM PDT by Uncle Miltie (Always refer to the Libs' new group as"ONE NATION, UNDER G-D!" That'll drive 'em nuts!)
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To: Willie Green
U.S. Mayors: High-Speed Rail Would Bring Billions of previously confiscated tax Dollars or printed fiat money to Cities

Accurized headline.

13 posted on 07/22/2010 12:50:24 PM PDT by Disambiguator (Progressivism, Socialism, Marxism, Communism - it's all shades of black.)
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To: cripplecreek
Willie and Joe Biden riding the rails hand in hand.

Train junkies don't you just love them.

14 posted on 07/22/2010 12:50:43 PM PDT by Recon Dad ( Don't sweat the petty things and don't pet the sweaty things)
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To: earlJam

The cities have apparently given up on trying to produce revenue on their own. Why should they when they have all of us flyover country cattle to milk.


15 posted on 07/22/2010 12:51:07 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: All

Actually, a high-speed rail is more of a Shelbyville deal....


16 posted on 07/22/2010 12:51:29 PM PDT by Maverick68
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To: Uncle Miltie
Good idea.

I volunteer to ride NONE of those lines in return for say, $10,000 in cash from Zer0's stash.

17 posted on 07/22/2010 12:54:17 PM PDT by Paladin2
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To: Willie Green

Light Rail, Trains, Government Health Care, Cap and Tax, a couple thousand more Regulations on Business, Welfare for all, Unlimited Unemployment Benefits, Govt funded Solar Panels, Govt funded Windmills and shutting down all drilling in the Gulf and Alaska will bring BILLIONS of dollars to Cities as long as China keeps loaning us money (and promises to never call in the debt) and if we can get rid of that pesky ol Second Amendment...

I will say you are getting closer to your “Utopia” than I ever thought that I would have ever believed possible.

TT


18 posted on 07/22/2010 12:56:13 PM PDT by TexasTransplant (I don't mind liberals... I hate liars...there just tends to be a high degree of overlap)
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To: Willie Green

Waste of taxpayer money. If, instead, the government was offering to work with a private enterprise to bring forward high speed rail in the United States, simply there to ensure that regulatory hurdles were cleared and to assist in mediating any disputes with local land owners, I think it’d be a great thing.

Instead, it’s another government run idiocracy which will waste even more taxpayer funds to transport people from a place they don’t want to leave to a destination they don’t want to go to.

If a private company planned out the MetroRail in Los Angeles, they’d go to the airport, not turn a half mile before and go down to Redondo Beach. They’d never have dug underground to go towards the La Brea Tar Pits but instead have incorporated shopping districts that would be compatible with the above ground rail lines. And they’d want liability limits attached to all of this, so they couldn’t get sued out of business by some jury who decides to ‘punish the evil corporation.’ Instead, local taxpayers are on the hook for millions of dollars in claims each year, ranging from illegal turns into the path of the train, to claims of harassment by other passengers.


19 posted on 07/22/2010 12:58:04 PM PDT by kingu (Favorite Sticker: Lost hope, and Obama took my change.)
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To: Willie Green

I’m constantly amazed at the quality of drugs these people must be getting. No passenger rail project in the USA is actually making money today. If they were, then private enterprise would already be building them.

The mayors say that high speed rail would bring billions to the cities. But these billions come from the rape of the people and the mortgaging of our children’s futures just so the mayors can play with their choo choos.


20 posted on 07/22/2010 1:00:27 PM PDT by John O (God Save America (Please))
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To: cripplecreek

You are from Michigan.

Do you remember last year when they proposed high speed rail to Detroit?

Everyone I knew (in West Michigan) said two things:

1- Who the hell wants to go to Detroit?

2- If we had to go there, why would we want a faster trip?


21 posted on 07/22/2010 1:01:34 PM PDT by earlJam
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To: Willie Green

If the big cities will get lots of money from high speed rail, let them build it.


22 posted on 07/22/2010 1:04:37 PM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: earlJam
1- Who the hell wants to go to Detroit?

On the plus side, anything that makes it easier to get there also makes it easier to leave.

23 posted on 07/22/2010 1:06:29 PM PDT by tacticalogic ("Oh bother!" said Pooh, as he chambered his last round.)
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To: Willie Green

I’m not aware of any passenger train system that has ever survived without a governmental subsidy of some sort. Politicians love these boondoggles because they produce tangible results to show the boob what a wonderful fellow the politician is.


24 posted on 07/22/2010 1:06:34 PM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: earlJam

They can’t even fund dedicated service from Ann Arbor to Detroit on existing rails. What the hell am I talking about, they can’t even fund a demonstration of the damn thing.

SEMCOG delays Ann Arbor-Detroit commuter rail service

http://www.crainsdetroit.com/article/20100427/FREE/100429866#


25 posted on 07/22/2010 1:07:57 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: Willie Green

The only $s they will bring is in government subsidies in the form of our tax dollars. There will never be a realized profit from this.


26 posted on 07/22/2010 1:17:10 PM PDT by Caipirabob ( Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: earlJam
Everyone I knew (in West Michigan) said two things:

1- Who the hell wants to go to Detroit?

2- If we had to go there, why would we want a faster trip?

Yeah, but look how fast you can get OUT of Detroit.

On the other hand, we shouldn't build high-speed rail--do you know how many birds those trains will kill?

27 posted on 07/22/2010 1:23:21 PM PDT by Auntie Dem (Hey! Hey! Ho! Ho! Terrorist lovers gotta go!)
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To: Willie Green

I love trains, too!

http://www.youtube.com/watch?v=VauuBE9KUJQ&feature=PlayList&p=8DFF2BC17D66007E&playnext_from=PL&index=0&playnext=1

Trainlover bump!


28 posted on 07/22/2010 1:25:06 PM PDT by headsonpikes (Genocide is the highest sacrament of socialism - "Who-whom?")
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To: Willie Green

Yeah, let’s subsidize MASS TRANSIT while simultaneously legislating that MASS TRANSIT’S competition, the motor vehicle, become even cheaper to use through CAFE, that should work GREAT!


29 posted on 07/22/2010 1:29:34 PM PDT by wayoverontheright
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To: Willie Green

Horse Shit Willie. The only money Rail, high speed or other wise, will bring in is tax payer’s money, no wealth will be created.


30 posted on 07/22/2010 1:30:27 PM PDT by calex59
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To: Willie Green; All

H*ll - now I’m in the mood!

Listen to the sound track on this beauty!

http://www.youtube.com/watch?v=4P0wgjpoQDw&feature=related


31 posted on 07/22/2010 1:33:07 PM PDT by headsonpikes (Genocide is the highest sacrament of socialism - "Who-whom?")
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To: headsonpikes
Cool YouTube!!!

Thanks!!!

32 posted on 07/22/2010 1:49:12 PM PDT by Willie Green (Save Money: Build High-Speed Rail & Maglev and help permanently ground Air Force One!!!)
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To: headsonpikes
Listen to the sound track on this beauty!

She sure has a beautiful set of pipes on her!!!

33 posted on 07/22/2010 1:53:56 PM PDT by Willie Green (Save Money: Build High-Speed Rail & Maglev and help permanently ground Air Force One!!!)
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To: Willie Green

These morons really don’t understand. Building something that has less value than the dollars required for construction is a net loss. That shouldn’t be difficult to understand, but liberals refuse to think.


34 posted on 07/22/2010 2:49:30 PM PDT by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: microgood; Willie Green
In Seattle, opponents of Light Rail have shown that they could buy every Light Rail passenger a brand new Toyota Prius every year for less money than they have spent on light rail.

And here in Houston, Willie's home town, the toy train has had over 100 wrecks, caused the failure of hundreds of businesses, and robs the poorest via sales taxes to deliver a useless service.

On the radio today they announced that if Metro couldn't land $900 million in stolen federal tax dollars to expand the toy train system, they were going to raise bus fares.

Another hosing of the poor to support a socialist wet dream.

35 posted on 07/22/2010 3:02:34 PM PDT by jimt
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