Audio Mises Wire

Subsidies to Amtrak and Siemens: A Pathway To Cronyism For The Few

Audio Mises Wire
J.D. Wong

Despite assurances from Amtrak’s administrators that profitability is just around the corner, Amtrak remains a huge money loser. However, even given the long distances of some of the routes, Amtrak could still be profitable if its leadership is willing to make changes.

Original article: https://mises.org/mises-wire/subsidies-amtrak-and-siemens-pathway-cronyism-few