VP Joe Biden just proposed a multi-billion dollar high speed rail initiative. The Los Angeles Times described it this way:
Vice President Joe Biden usedPhiladelphia's 30th Street Station, where the nation's only rail line approaching high speed passes through, as the backdrop to announce that the White House will be asking Congress to invest $53 billion over six years in faster passenger rail.
The funding, like the $8 billion set aside in the 2008 economic stimulus for the same purpose, would support building new high-speed rail corridors and upping speeds on existing lines. Biden said it's about "seizing the future."
I have a question. If your family was broke, and our government certainly is, would you be buying a train set? When we're forced to reduce expenses in ways that will be painful for many families, is this really the best use of our money?