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Unformatted text preview: of building the rail system.
Although public funds will be used to cover much of the construction costs, the network will perform best if operated by private companies.The U.S. must build a national high-speed rail network if it hopes to maintain its competitiveness in the world
economy. China and Europe are now moving ahead with their high-speed rail networks at breakneck speed , which
means that in a decade or two they will have significantly reduced their dependence on imported oil, created tens of
millions of new jobs, and saved their countries trillions of dollars by vastly improving the productivity of their economies thanks
to a low-carbon transportation sector that moves people and goods at speeds that could one day hit 300 miles per hour, or more.The U.S. can
be part of that future. But if more states follow the example of Florida, Wisconsin, and Ohio, the country will remain
shackled by 19th- and 20th-century forms of transportation in a 21st-century world. Contemplate this image: China, Europe,
Russia, South America, and other parts of the globe are streaking by at 2...
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