By Pavel Chagochkin @ Shutterstock.com
The Democrats’ Green New Deal calls for building out “highspeed rail at a scale where air travel stops becoming necessary.” Alexandria Ocasio-Cortez and Edward Markey just released details on their “complete socialist overhaul of government, wealth distribution, and way of life.” “It’s absolutely bonkers,” writes David Harsanyi in The Federalist.
Good Luck with that Hawaii
California’s high-speed boondoggle is already in $100 billion dollars of debt, and looks to be one of the state’s biggest fiscal disasters ever.
Amtrak runs billions of dollars in the red (though, as we’ll see, trains will also be phased out). Imagine growing that business model out to every state in America?
Read more here.
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
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