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Last Century’s Transportation Ten Years from Now

A review of ten passenger‐​train corridors funded by President Obama’s high‐​speed rail program found that only one ended up increasing train speeds by more than 2.2 miles per hour, and several actually saw speeds decline, suggesting that the $11.5 billion federal dollars and $7 billion state dollars spent on these projects was almost completely wasted.

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Freeways: The Egalitarian Transportation

People are proposing that we bulldoze urban freeways because they are supposedly racist when in fact they are the epitomes of anti‐​racism, being open to everyone who has a car whether that car is a Rolls‐​Royce or a Yugo.

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Trump’s $1 Trillion Infrastructure Plan

A $1 trillion infrastructure package that the Trump administration is considering has some advantages over a proposal by Democrats on the House Transportation and Infrastructure Committee, but still will require far too much deficit spending on things that private industry and transportation users should be willing to pay for themselves.

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Are Low Oil Prices Bad?

A new oil deal led by the United States, Russia, and Saudi Arabia promises to withhold 9.7 million barrels of crude oil a day from global markets – over 13 percent of the world’s daily supply. At best, the oil deal will temporarily prop up the struggling U.S. energy sector. At worst, it will enrich oil companies and their shareholders at the expense of struggling Americans.

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We Were Warned

Social distancing is the proper short‐​term response to COVID-19, but it’s an appropriate response in the long run as well.