Amtrak Trains Run on Red Ink

Written by Gary North on April 6, 2012

Amtrak has absorbed $40 billion in federal subsidies  over the last 40 years. It has never earned a profit. How many people ride the trains? They account for one-tenth of one percent. This is a boondoggle. It has been since day one. Then there is fraud. In a report released last year, the Office of the Inspector […]

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