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Unformatted text preview: has an- nounced a vision of a nation-wide high- speed rail network. But $10 billion in initial funding pales in
comparison with our competitors’ investments. And spreading that $10 billion around 36 states runs the risk of achieving
nothing at all. As we watch states change course after the 2010 election and decline some of the high-speed rail funds they had been awarded,
we must concede that President Obama is not all right on this issue, and the new governors are not all wrong. Some states are planning
trains that will not run at truly high speeds—in which case they won’t create genuinely attractive travel options to ease
our air and road congestion problems. Some states are planning to improve existing passenger lines, rather than build
new dedicated high-speed lines—which means the passenger trains will still have to share the tracks with freight and be
accordingly subjected to delays. And some states are planning projects that simply don’t make economic sense —or at
least should not be consider...
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