Government Trains

posted by Jim Fisher - 

Operating a train service should  be done by a train corporation. Not by the government. The government cannot even operate the train service in the nation's seat of government without disastrous overspending.

The Government Accountability Office released a report Monday that shows the promised retirement benefits the train workers expect cannot be paid. What a surprise. Private companies pretty well left guaranteed pension benefits years ago because the companies could not afford the benefits.

The AmTrak of Washington rolls merrily along, promising what it cannot deliver.


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