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Old Posted Nov 24, 2010, 1:12 AM
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WeST WeST is offline
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Join Date: Apr 2008
Location: Murray
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Quote:
Originally Posted by i-215 View Post
- We allowed G.M. to tear out our existing rail infrastructure. The goal of the car was to give consumers options, not to trade one mode for the other entirely.
I believe this may be a rumor started and perpetuated by the anti car crowd. My understanding is this is more a function of heavily subsidizing the car industry and simultaneously putting price controls on trolley's. It is hard for an industry to survive in the face of an amazing new technology, which requires extra cash to invest in innovation, when your government is actively subsidizing one and requiring the other to sell their goods (rail transit) at below the necessary level to survive.

This is a story of the dangers of subsidization and price controls. Let's learn the lesson.
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