A conservative writer points to 3 “experts” to support the argument that subsidies will be involved in Texas High Speed Rail:
The Expert: Stanford University economics professor Alain Enthoven
The Subsidy angle: Eminent Domain is a subsidy
The Expert: assistant director of transportation policy for the Reason Foundation, Baruch Feigenbaum
The Subsidy angle: federal Railroad Rehabilitation and Improvement Financing (RRIF) loans are subsidies
The Exert: Gerard Llobet, associate professor of economics at Centro de Estudios Monetarios y Financieros (CEMFI) in Spain
The Subsidy angle: Only 3 high speed rails in the world are profitable: Tokoyo to Osaka, Paris to Lyon, & Shanghai to Bejining. Building without subsidies is not probable.