We'll, let's just start by saying we've constructed an infrastructure for daily life with no future. That's pretty disturbing, isn't it? I customarily refer to this as the greatest misallocation off resources in the history of the world.
|Scooped by Sharrock|
James Kunstler says: "Look, the airlines are dying. The next time oil goes up in price, or becomes scarce here-and-there, the industry will tank. Unless we rebuild the railroad system, we're not going anywhere in this large, continent-sized nation. How will people get from Chicago to St. Louis? Atlanta to Baltimore? How are we going to move stuff when the trucking industry gets into trouble? We're not paying attention. The lack of any discussion about rebuilding the railroad system shows how un-serious we are, what a nation of clowns we've become. Rebuilding the railroads is of tremendous importance. It will put scores of thousands of people to work on a meaningful project; the basic infrastructure is already there, rusting in the rain, waiting to be fixed; it requires no new technology, and getting it done would boost our confidence to address the other systems that we need to reform and rebuild -- namely agriculture, local-and-regional commerce, appropriately-scaled urban development, etc."