Tuesday, October 18, 2011

Amtrak Subsidies vs. Megabus Private Enterprise

Amtrak Subsidies vs. Megabus Private Enterprise [Michigan Capitol Confidential]
If someone were to purchase an Amtrak ticket for a Nov. 7 trip from Detroit to Chicago and then return the same day, the cost would be $32 each way, or $64 round trip.
But Cox cites a 2008 study by the Pew Charitable Trusts that reports Amtrak lost $55 per rider on each leg of the Detroit-Chicago route.
.....By comparison, the same roundtrip from Detroit to Chicago and back again on Megabus would take two extra minutes each way, but the Megabus roundtrip ticket costs $25.

So we take taxpayer dollars to subsidize at choo choo train that puts a taxpaying business out of business.
And the same is true in cities like Muskegon with their bus system.
Take tax dollars from tax payers to put a tax paying business out of business.......it's the democrat way!

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