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Do the interstates make a profit? Municipal roads in New York? The economic reason to improve transportation is that reduced travel time leads to greater commun
by barry-cotter 7y ago
Do the interstates make a profit? Municipal roads in New York? The economic reason to improve transportation is that reduced travel time leads to greater communication and commerce which increases growth. This applies as well to subsidizing rail as to subsidizing automobile use and rail is vastly safer per passenger mile.
- tlb 7y agoNeither interstates nor rail make profits. But they are funded for with some consideration of ROI. The government shouldn't (and mostly doesn't) build interstates that are used only a few weeks a year. If the government has money to spend on rail, it should put it where it'll serve the most passenger-miles/year.