Originally Posted by BucEyedPea
Whoosh, most of my points went over your head: For one, if such projects have any merit or value private enterprise would have already done it. The original RR projects were heavily govt subsidized and many of them were built with shoddy workmanship, waste and with routes that were not efficient to satisfy political constituencies who subsidized them or had a vested interest. On the other hand there was a private RR line soley done by a private businessman which was higher quality, and more efficient.
This is mercantilist economics in play here. The very corporatist set-up that the left cries about, but who enables them.
Well, you're wrong because I covered this one when I was first here. There are non-statist Republicans that don't support these, that agreed. However, these are also not Federal govt projects either. They're locally funded.
Oh, and most of your positions are big govt left-leaning. You're a Democrat.
I don't doubt that government will find a way to muck it up. That's a fair argument.
As for private funding vs local vs federal funding... This is a interstate project so the bureaucracy of getting all states within the line to agree would be a nightmare. And this is a project that is typically jointly funded by private and public. Bigredchief already pointed to Disney willing to help fund a Florida rail and republicans turned it down. But it also helps boost publicly funded projects, like public stadiums and convention centers.