How To Fix Amtrak? Split It In Two
28 June 2001 - 2:00pm
This Business Week commentary argues for splitting Amtrak into two entities -- one public and one private.
As it turns 30, Amtrak has still not been able to show a profit, and continues to be plagued by problems. Business Week's surprising solution: split Amtrak into one private entity focused on making a profit, and another public entity focused on infrastructure."It's time for a radical fix that recognizes reality: split Amtrak in two. First, Congress should spin off a non-profit, government-owned corporation to maintain its rails, stations, and other infrastructure. Then lawmakers should create a private corporation focused solely on running the rail system profitably."
Full Story:
How to Get Amtrak on the Right Track
Source:
Business Week, June 29, 2001
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Its very unsuitability for an urban center justifies its current usage as a suburban or ex-urban pattern.
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