Why Elon Musk Is Right: The Case Against Subsidizing Amtrak

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Why Elon Musk Is Right: The Case Against Subsidizing Amtrak

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Founded 54 years ago, Amtrak set out on a bold adventure to see if passenger trains could be profitable. Fast forward to today, this experiment has been unsuccessful. Politicians have often crafted routes to win votes rather than attract riders. As a result, Amtrak has been squandering…

This story appeared on mises.org, 2025-05-10 10:10:46.633000.