By Nancy Spannaus
Might 10, 2022—There are few infrastructure tasks extra necessary for america right this moment than high-speed rail. The constructing of a nationwide high-speed rail community for freight is crucial for resolving troublesome bottlenecks within the provide chain and boosting productiveness general. The influence on transferring folks would additionally carry tangible beneficial properties by eliminating wasted time and easing communication all through your entire nation.
However whereas there’s no lack of concepts for constructing such a community, the infrastructure plan handed by the Congress final yr included completely no funds for high-speed rail. Very important monies had been allotted for Amtrak and a few native city transit methods, however that may be a drop within the bucket by way of what’s required.
It’s time to assume on the dimensions of Lincoln’s Transcontinental Railroad, whose completion is widely known right this moment, the anniversary of the assembly of the Union Pacific and the Central Pacific at Promontory Level, Utah. There may be a lot to study from that challenge, from its profitable utilization of presidency credit score to fund what personal enterprise may or wouldn’t do by itself, to the mobilization of manpower and brainpower to beat enormous bodily obstacles. The rise in productiveness of the U.S. economic system was just one a part of the achieve.
There’s no query however that such an endeavor, which might contain electrifying the community in addition to developing the monitor and automobiles, is at the moment past the bodily functionality of the U.S. economic system. We have to dramatically enhance the manufacturing and engineering sectors for all of the inputs into such a nationwide challenge, a lot because the Apollo area program demanded a scientific mobilization all throughout the nation. We’d like plentiful, low-cost, and ubiquitous electrical energy, which might solely be supplied by reviving the nuclear business and re-regulating the grid in line with our nationwide wants.
This weblog has featured vital protection of the Transcontinental Railroad over the previous couple of years; essentially the most complete article was the 2019 piece entitled “A Railroad to Bind the Nation.” Extra dialogue of the financing was included in “Lincoln’s `Inside Enhancements’ Revolution.”
As for the present plans for a nationwide high-speed rail community, take a detailed take a look at the map above being circulated by the Transportation Economics & Administration Programs group of Frederick, Maryland, one among many proposals within the works. Envision clear, fast journey obtainable to all, opening new alternatives for commerce, tradition, and collaboration from coast to coast. With an American System strategy to financial improvement and finance, and lots of arduous work, it may be finished.
Many public officers, after touring to China, Japan, and Western Europe, have publicly bemoaned the state of rail journey in our nation. We’re like a Third World nation, they are saying. It’s time to maneuver past complaining and construct the equal of a brand new Transcontinental Railroad – not only for us, however for the longer term.
Nancy Spannaus is the writer of Hamilton Versus Wall Avenue: The Core Ideas of the American System of Economics, obtainable right here.
 For a possible plan for funding a high-speed rail community, see https://www.nibcoalition.com/
Tags: excessive velocity rail, infrastructure, Nancy Spannaus, railroads, Transcontinenta