4 ms·
Railroads and streetcars were hugely profitable in the US, until the government subsidized cars by: - giving everyone high-quality roads - setting road tolls
by apsec112 13y ago
Railroads and streetcars were hugely profitable in the US, until the government subsidized cars by:
- giving everyone high-quality roads
- setting road tolls to zero or almost nothing
- making dense housing illegal to build with zoning laws
- requiring businesses to provide free parking
- requiring home builders to provide free parking
- all the crap US does internationally to secure oil supply lines
- not taxing pollution, noise, or other car externalities
- enacting crazy regulations on railroads; for example, American railroads can't buy European trains, they must build their own custom-designed trains at enormous expense
and on and on and on it goes, all at taxpayer (or business owner) expense. An American on a road trip thinks cars are cheap because everyone else is forced to absorb the cost.
- angersock 13y agoAnd let's not forget how the streetcar stuff went: http://en.wikipedia.org/wiki/General_Motors_streetcar_conspiracy http://en.wikipedia.org/wiki/General_Motors_streetcar_conspi...
- sneak 13y agoIn happy news, they actually broke ground within the last week in downtown Detroit to begin infrastructure upgrades required for the M1 (Woodward Avenue) rail project.
- celadon 13y agoThis is really fascinating. Do you have sources for this? I hadn't even thought about this side of the economic equation.
- iterationx 13y ago"The High Cost of Free Parking" Donald Shoup