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» Visit the Official NARP Website CNBC Looks at New Intercity and High Speed Rail GrantsThursday, January 28, 2010In a report broadcast today, CNBC’s Brian Shactman gave a brief overview of President Obama’s intercity and high speed rail program. While briefly acknowledging the national scope of the effort, Shactman was quick to focus on the three states that will receive the lion’s share of the money—California, Florida, and Illinois. This focus is perhaps inevitable, and I think it shows the wisdom in the Administration’s choice to spread the $8 billion around the country instead of throwing it all into one or two corridors. $8 billion is not nearly enough money to build even a single high speed rail line—and the spokesman for the California High Speed Rail Authority admits that their line won’t see significant construction until 2012. An incremental ramp-up to high and higher speed passenger trains will allow people (and media sources) around the country to see new jobs, steady decreases in trip times, and steady improvements in on time performance. And this will give transportation officials something to point to when preparing requests for the second round of funding. The fact that the CNBC anchor introduces the piece by asking “is [high speed rail] a magic economic bullet?” tells a lot about the kind of yardstick the media are using to judge this program. But it is important for rail and transit advocates to keep this in mind, because these are the people who will be telling the general public whether these projects are successes or failures—and CNBC anchor Erin Burnett’s alluded-to labeling of the program as “rail to nowhere” gives a sense how eager some commentators are to write American passenger trains off. See the video below. -Sean Jeans-Gail Posted by NARPTags: cahsra, high speed rail, media, obama,©2010 National Association of Railroad Passengers | » NARP website |
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