Musk wants private Amtrak, VTA rail strikes & new Colorado rail This Week In Transit

elleng
(139,023 posts)JohnnyRingo
(19,791 posts)He believes everything is better privatized.
That's bad because it'll be nearly impossible to nationalize it again. Meanwhile, every new owner will run it into bankruptcy, auction a lot off, and sell the scrap to the next owner.
Elon Musk has eagerly positioned himself as a chainsaw-welding horror movie slasher with government agencies as his victims, instead of promiscuous high schoolers. The Tesla CEO set his sights on privatizing the USPS and Amtrak, but the federally-owned railroad released a response last week stating that it can't understand why it needs private ownership. Amtrak has turned a lemon from the 1960s into a decent lemonade by the 21st century.
Musk spoke at a Morgan Stanley technology conference last week and advised travelers visiting the country to stay away from Amtrak. He said the railroad is "a sad situation." According to Scripps News, he added, "I think we should privatize anything that can be privatized, just so you've got a feedback loop for improvement, which is what happens when something's privatized." Musk, of course, presented this without any evidence.
Amtrak's response, simply titled "Proposals to Privatize Amtrak," directly challenges Musk's comments. The railroad stated, "It is not clear what problem Amtrak privatization proposals are intended to solve." It added that it broke all-time records in ridership and revenue over the 2024 fiscal year. Also, the Northeast Corridor (NEC) route between Boston and DC operates a profit. However, Amtrak as a whole doesn't operate at a profit and relies on the federal government to cover its losses.
Read More: https://www.jalopnik.com/1810032/amtrak-breaks-ridership-revenue-records-privatization-statement/
Vogon_Glory
(9,745 posts)One of the longest-running lies on the political right is the idea that passenger rail nrtworks can be privatized and that private corporations can run them for profit. This is complete bunk and has been untrue for over half a century. Amtrak was created to take the burden of operating intercity passenger trains off the hands of private corporations, many of which were in dire financial straights (I.e. the Western Pacific Railroad, the Rock Island Railroad, and the Penn Central). Its still untrue. There have been a few attempts by corporations to resume running regularly-scheduled passenger trains without subsidies, but they failed. The fact that there arent any speaks volumes, if not so noisily as Musk and the propagandists at Faux Noise and Town Hall.
A point should be made about right-wing politicos, influencers and propagandists pretending to be journalists. They have little or no understanding of the expense and complexities of civil engineering projects and seem to show little or no interest in learning them.
Passenger rail systems are big, expensive, take years to build, and cost lots of money to run and maintain. Privatizing Amtrak would have the same effect as doing the same in Central and South America (I am counting Mexico as part of North America, not Central America): shut-down, scrapping and then having the politicians and managers who seek to undo their predecessors pinheaded move learn that replacing what was destroyed following right-wing dogma will cost tens of billions, if not hundred of billions to replace.
An irony here is that South Africa still has a functional passenger rail network, but if South African expat Elon Musk has his way, we Americans wont.