Is $8b in stimulus package enough to get high-speed rail off the ground?

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Uploaded by on Feb 27, 2009

Schwarzenegger says the stimulus package is a good start to these projects. Rendell says the $8 billion is to fund demonstration projects, although he doesnt see why we need demonstration projects when its been shown to work around the world.

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  • The problem with the Shanghai Maglev, is that it is losing a lot of money. It also land you just outside of Shanghai. You still have to take a subway or taxi to downtown. That project was just a "show face" project. A good old steel rail train at 70~80 mph will do a more cost effective job.

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