Market Efficiency

This article highlights an example of free markets forces being more efficient than government subsidized programs. As the article points out, it seems silly to build high-speed rails when the rail system we are currently have is being underutilized. Most Amtrak rates are almost as high as airfare, while a bus ride is often a fourth of the cost. Not only that, but the bus market is diversifying and becoming far more efficient. Many people, especially college students, have a long list of complaints about Greyhound, which is notorious for long lines and delays. However, smaller bus companies are popping up that actually leave on time, often have internet and electrical outlets on board, and are affordable for almost everyone, even in the current recession. The fact of the matter is that the current passenger rail system is inefficient and costly, and there is no reason why those things would not be true if the trains ran faster. If people are going across the country, flying is still easier. And if they are not going that far? Buses are not only easy, but cheap.