How high speed rail has revived small town Spain
Tags: economy, high speed rail, Montreal, Obama, recession, spain, stimulus, toronto, train, Transportation, via rail
Creative Commons Photo by Sean Munson
In recent months, many governments have decided to spend their way out of the current recession. The United States has seen a scramble to fund “shovel ready” projects that will create the most short term jobs, regardless of the usual criteria of worthiness. It’s the same old story – politicians taking the easiest, most expedient option. But word comes from Spain of the benefits of looking ahead. The Wall Street Journal printed an article last Monday about the success of the Spanish high speed passenger rail network, named AVE (meaning both Spanish high speed and bird). It’s the kind of epic, transformative project that requires not only billions of dollars but also the will … Continue Reading
