How the President’s Stimulus Plan for High-Speed Rail (HSR) will not work
The president’s HSR plan will spend billions to offer a rail service to a small percentage of the travelers. Importantly, the federal cannot afford this extravagant program, and it will cost taxpayers a lot of money. Thus, the plan will not work as previously expected. The federal has a large budget deficit of about 1.4 trillion (Utt, 2011). Thus, a massive expenditure on the HRS will heighten the deficit more. American citizens have realize that the plan will cost more compared to the perceived benefits. Although there seems to be small opposition on the HRS, it is clear ...