Saturday, July 18, 2015

On the Fact that When Amtrak Was Started, the Government Said that it Would Probably Be in the Black in Several Years

It probably came from the same asshole who predicted that the Medicare budget would only be $12 billion by 1990 (the actual outlay being closer to $100 billion).
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4 comments:

  1. dmarksJuly 19, 2015 at 3:23 AM

    It's unionized, which of course means that the workers do a terrible job while being way overpaid for it. That will ensure failure.

    ReplyDelete
  2. BB-IdahoJuly 19, 2015 at 3:50 PM

    The US cannot run passenger trains like the rest of the world.

    ReplyDelete
  3. Will "take no prisoners" HartJuly 19, 2015 at 8:42 PM

    Stockman says that the employee package averages about $100,000 per employee. That's a big drag, I'd say.

    ReplyDelete
  4. dmarksJuly 21, 2015 at 6:12 AM

    Yes, Will. Grossly overpaid, at our expense.

    What do you think the fair, real transit worker wage is, on average?

    Isn't it about one-third of this?

    ReplyDelete

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