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by pirate787
1206 days ago
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Amtrak is a disaster, both inefficient and undercapitalized and dangerous. The U.S. Congress nationalized passenger rail in 1971, gave Amtrak the extraordinarily Northeast Corridor backbone, and yet America has easily the worst passenger rail in the developed world. Amtrak's cost per passenger mile is 3x or 4x higher than flying with a worse safety record. |
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Most of Amtrak’s service runs on track they don’t own, at the mercy of the freight railroads for scheduling and track maintenance.
They are pressured to keep their long distance trains that lose money as a public good, but they aren’t given consistent public funding in return. We treat them as a company that should turn it own profit. We don’t expect the DOT to turn a profit on highways, because we recognize the greater economic impact of having useful highways.
The Northeast Corridor is the exception and notably seems to be the best performing part of the Amtrak network.
Seems to me like the standard American public-private practice of privatizing the gains and socializing the losses, and then complaining about how the government loses money.