Spending your way out of a deficit is like eating yourself out of obesity. Kasich gets this and wants to cut the pork. If elected, he promises to kill the 3C Snail Rail Boondoggle.
Robert Samuelson says:
"Somehow, it's become fashionable to think that high-speed trains connecting major cities will help "save the planet." They won't. They're a perfect example of wasteful spending masquerading as a respectable social cause. They would further burden already overburdened governments and drain dollars from worthier programs -- schools, defense, research."
"President Obama calls high-speed rail essential "infrastructure" when it's actually old-fashioned "pork barrel." The interesting question is why it retains its intellectual respectability. The answer, it seems, is willful ignorance. People prefer fashionable make-believe to distasteful realities. They imagine public benefits that don't exist and ignore costs that do."
"The absurdity is apparent. High-speed rail would subsidize a tiny group of travelers and do little else. If states want these projects, they should pay all costs because there are no meaningful national gains. The administration's championing and subsidies -- with money that worsens long-term budget deficits -- represent shortsighted, thoughtless government at its worst. It's a triumph of politically expedient fiction over logic and evidence. With governments everywhere pressed for funds, how can anyone justify a program whose main effect will simply be to make matters worse?"How indeed. It's time to make matters better. To change the outcome, we need to change the governor. Elect John Kasich and Mary Taylor.