4 ms·
No one today wants to build railroads, not without being able to make folks like you and me pay for it to an extent that they can make an excess profit. Trains
by ravenstine 3y ago
No one today wants to build railroads, not without being able to make folks like you and me pay for it to an extent that they can make an excess profit. Trains aren't nearly as profitable (if at all) as automobiles because, for the same amount of freight, you are only able to sell to far fewer individual owners and a highly reduced frequency. There are far more opportunities to overcharge the customer if you have thousands of potential renters or buyers, or millions if you can also sell to everyday people.
Plus there's no status to be had from investing in rail, but plenty of it from some hip young people promising trucks of the future today! After all, if Elon is [saying he is] doing it, how can you not believe?
- rhyme-boss 3y agoThe government pays for roads. Why wouldn't they pay for rail if it's a more efficient path?
- sfpotter 3y agoNot everything needs to be profitable or to “pay for itself” for it to be worth building. The idea that it does is a fallacy.
- ravenstine 3y agoTo be clear, I'm not saying that's what I believe.