Mass Transit

President Obama in his 2011 State of the Union address said that this country needs more high speed rail.  Many projects today are projected to reduce emmissions and daily car usage by locating next to Transit stations.  They are called TOD or Transit Oriented Developments.  The cost of expanding the passenger rail system in this country is huge and the benefit will be neglibible.  From my research, it looks like less than 5% of US Commuters use mass transit.  There are many reasons for this.  The number 1 reason is choice.  Like it or not people choose to drive thier own car to work to have the freedom to come and go as they please.  The reason people use mass transit in New York City – choice.  They choose to use it because it is more convenient and cost effective in a city of over 8 million people.  Before you say how great that is, ask yourself one question.  Will there be another New York City?  The answer to that is no.  There will not be another area in this country with 8 million people crammed into such a small area.  If nothing else, environmental regulations will not allow it. 

It is extremely wasteful to spend astronomical amounts of money on high speed rail that will benefit only a small portion of the population and not do much in the way of fixing our transportation issues.

About George Baker III

Commercial Real Estate agent, investor and developer.
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