The Reason.com Podcast

The way high-speed rail projects have been collapsing around the world, you’d think they were corrupt, outrageously expensive, fiscally ruinous, poorly planned government efforts to build a 19th century means of transportation for which there’s no demand. The Obama Administration’s bullet-train dream is dead. Florida Gov. Rick Scott last year rejected $2 billion in federal funds rather than commit the Sunshine State to such an expensive project. California’s high-speed rail effort is in turmoil, recently suffered a purge of top management, and is unlikely to meet its September deadline to break ground on a federally mandated leg universally termed the “train to nowhere.” From OutloudOpinion - For Podcasts of IBDeditorials, The New Republic, and Over 30 Syndicated Columnists, go to www.outloudopinion.com