Private vs Public: Infrastructure Spending

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  • เผยแพร่เมื่อ 9 ส.ค. 2016
  • Hillary Clinton says: Spend billions on infrastructure. Donald Trump says: Double that! Why it’s a bad idea:
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ความคิดเห็น • 739

  • @adamriddle9945
    @adamriddle9945 5 ปีที่แล้ว +899

    He is extremely good at making government get under my skin.

    • @ns7353
      @ns7353 4 ปีที่แล้ว +21

      I know his conversational tone of disbelief is so realistic too

    • @synecdoche8783
      @synecdoche8783 3 ปีที่แล้ว

      he's a libertarian thats what they do
      just an idealist, its almost the same as any socialist party in terms of getting things done

    • @Kennedy1op
      @Kennedy1op 3 ปีที่แล้ว +5

      He's the most consistent political commentator I've ever seen

    • @baconboi4482
      @baconboi4482 3 ปีที่แล้ว +4

      @@synecdoche8783 only idealist because the likelihood of our government going libertarian is extremely low

    • @mushypork2132
      @mushypork2132 3 ปีที่แล้ว +3

      @Phoenix so true, any time some region (ex. Hongkong, Emirates) goes free market their economy skyrockets and the opposite happens when the government grows too big.

  • @bsm6776
    @bsm6776 8 ปีที่แล้ว +1198

    Politicians love to spend other people's money

    • @Jgrimwald
      @Jgrimwald 7 ปีที่แล้ว +6

      Fred Rogers They love to skim, but so does private industry. Let the government steal from you or let private industry steal from shareholders?

    • @techguy3424
      @techguy3424 7 ปีที่แล้ว +54

      Shareholders can wise up and drop their stocks, you can't stop paying taxes.

    • @homewall744
      @homewall744 7 ปีที่แล้ว +23

      Exactly, no business can force you to buy their products.

    • @ipfreeley7920
      @ipfreeley7920 7 ปีที่แล้ว +7

      Home Wall of course not just look at the health insurance, energy, pharmaceutical. Companies will bribe politicians for contracts. Stop that or there will be no difference.

    • @nicosmind3
      @nicosmind3 5 ปีที่แล้ว +1

      And spend it badly

  • @hcortez1990
    @hcortez1990 7 ปีที่แล้ว +523

    "Hey bro what you do with that girl from the club last night?"
    5:10

    • @hennessyblues4576
      @hennessyblues4576 6 ปีที่แล้ว +27

      LMAO

    • @Gman240
      @Gman240 5 ปีที่แล้ว +21

      Your humour is sick.
      I like it!

    • @blidrob
      @blidrob 5 ปีที่แล้ว +21

      Snif. Snif. Snif. And snif.

    • @zhaow4832
      @zhaow4832 3 ปีที่แล้ว +5

      guess whos POTUS

    • @zziippee
      @zziippee 3 ปีที่แล้ว +4

      lmaooo, why does he look so different now than before

  • @maniactyler
    @maniactyler 6 ปีที่แล้ว +365

    Its 2018, I have a feeling that the construction is still not complete.

    • @JackReacheround
      @JackReacheround 5 ปีที่แล้ว +15

      i googled it and i can't find any info on such a subway line

    • @jaymeryan9529
      @jaymeryan9529 5 ปีที่แล้ว +20

      @@JackReacheround It's the Second Avenue Subway Line

    • @rocketdock11
      @rocketdock11 5 ปีที่แล้ว +4

      Is this finished yet? By the way the Hungarian government did a very similar thing with subways. @@jaymeryan9529

    • @iheartlreoy8134
      @iheartlreoy8134 5 ปีที่แล้ว +47

      Maniac tyler I’m from 2019 they just cancelled it.

    • @michaelfoye1135
      @michaelfoye1135 5 ปีที่แล้ว +15

      2019 Not only is it not finished, but they are now talking about closing the L train do to budget constraints as the city is nearing bankruptcy.

  • @177SCmaro
    @177SCmaro 7 ปีที่แล้ว +113

    You find very quickly the value of something when it's paid for voluntarily.

  • @camcam2457
    @camcam2457 5 ปีที่แล้ว +73

    I love you John Stossel, "Politicians have different incentives, like sucking up to other politicians. Government workers have time to stand around." Hahahahahahahah.

  • @TheFarleyMowat
    @TheFarleyMowat 5 ปีที่แล้ว +131

    AAAAAAAAAAAAAAND the rail is canceled from the original plan wasting billions of tax payers dollars.

    • @AT-yn9dm
      @AT-yn9dm 3 ปีที่แล้ว +2

      OMG, IT’S ETHAN KLEIN!!!

    • @bonda_racing3579
      @bonda_racing3579 3 ปีที่แล้ว +1

      Checkout brightline it’s rail road company done right in Florida.

  • @GlobalGaming101
    @GlobalGaming101 7 ปีที่แล้ว +196

    A 125 mile route from Phoenix to Tucson, Arizona is about $15 through greyhound. That's cheap! Why would I want a $100 train ride?

    • @TubaDaddy8
      @TubaDaddy8 7 ปีที่แล้ว +32

      GlobalGaming101 Have you ever ridden a Greyhound?

    • @pimpnamedslickback7780
      @pimpnamedslickback7780 6 ปีที่แล้ว +29

      Bc the train would get there in less than an hour

    • @alexkrasnic3850
      @alexkrasnic3850 6 ปีที่แล้ว +6

      Ray Pittman its not worth the money. Thats why no one rides trains anymore. Its cheaper to take a plane on average amd planes are faster

    • @AleksandrVasilenko93
      @AleksandrVasilenko93 5 ปีที่แล้ว +22

      @@pimpnamedslickback7780 depending on the train. I live in Sacramento and travel to San Francisco often. One way ticket to San Francisco using Megabus costs $10-25 depending on time of day, I go in the morning so I always pay $10. The trip takes 2 hours.
      If I was to take Amtrak I would pay $45 and the trip will take...2 hours
      Megabus has chargers, WiFi, soft seats, luggage space, and you can pay extra for a seat with a table.
      Plus in the less busy times, like 6am Sac -> SF and 9pm SF -> Sac the Megabus tickets are under $5. Once it was $1! So if I stay late in San Francisco I can go back for really cheap :)

    • @TraceLight
      @TraceLight 5 ปีที่แล้ว +4

      Kandi Klover They will never enjoy the sound and feel of a v12 that no one will ever needs,
      But you drive one because you just can.

  • @neuenglander
    @neuenglander 6 ปีที่แล้ว +60

    This is why the private rail line in Florida (Brightline) is so interesting. There's also one planned in Texas.

    • @camcam2457
      @camcam2457 5 ปีที่แล้ว +6

      I am in WPB, and will probably never take Brightline. Too expensive, have to drive to the train and take a shuttle or taxi once to my destination. It also has to stop to pick up and drop off passengers and drive slow through most of the towns. Floridians repeatedly voted "NO" for the high speed trains, and miraculously it is being built. I heard, and did not fact check it, but it was really put in to get more freight trains through due to the traffic problems we now have. (thanks to our wonderful state and local people in charge, allowing more and more mass building with no thought to the traffic) Not trying to argue, just my thoughts on Brightline.

    • @SnookOnTheFly
      @SnookOnTheFly 5 ปีที่แล้ว +1

      That train is a joke and the track it rides on is a monstrosity.

  • @chaselistorti2290
    @chaselistorti2290 6 ปีที่แล้ว +366

    So your telling me people have to pay taxes to pay for a fast train that nobody is going to use... noice

    • @amostake
      @amostake 3 ปีที่แล้ว +3

      People will use it of course. Just not nearly enough to make it profitable, anything but a money pit for ever growing amounts of taxes.

    • @boofe7206
      @boofe7206 3 ปีที่แล้ว +2

      @Constitutional Conservative *your

    • @nickdorsey2460
      @nickdorsey2460 3 ปีที่แล้ว +3

      You're*

    • @amostake
      @amostake 3 ปีที่แล้ว +2

      @planningperson laidbackdeep I would disagree. I've been to Europe. Planes are much better than trains. And honestly, trains are a ton more expensive. Maybe you missed it, but in Greece, they found that it would have been cheaper to hire an individual taxi for each passenger on the train, than running the train system. It's part of why Greece went broke, and crashed. The price of train ticket may not be much different than that of a plane, but that's only because the government is taking your income in taxes, to pay money to keep the ticket prices low. Do you want to have 50% taxes in the US? I don't. Sorry.

    • @coloradostrong
      @coloradostrong 3 ปีที่แล้ว

      @@nickdorsey2460 My gosh the ignorants on here. I ask them how long have they actually gone though life using "your" instead of "you're". The next most common is "there, their and they're" followed by "breaks, brakes".

  • @jedipatriot6146
    @jedipatriot6146 8 ปีที่แล้ว +162

    Amazing that there are so few subscribers to this channel. Great content. Thank you for taking the time to download the videos.
    Peace

    • @littlegoatgt
      @littlegoatgt 6 ปีที่แล้ว +1

      Stossel doesn't report fairly.

    • @awescar3231
      @awescar3231 6 ปีที่แล้ว +11

      littlegoatgt and why do you say that?

    • @ILovePancakes24
      @ILovePancakes24 6 ปีที่แล้ว +10

      people dont like the sting of truth

    • @thereareantsbehindyoureyes7529
      @thereareantsbehindyoureyes7529 5 ปีที่แล้ว +10

      @@littlegoatgt c'mon it doesn't take 2 months 2 answer

    • @littlegoatgt
      @littlegoatgt 5 ปีที่แล้ว

      apparently it takes 3 months to answer haha

  • @ppumpkin3282
    @ppumpkin3282 6 ปีที่แล้ว +45

    The problem isn’t spending more, but getting value for what we spend. I already pay $185 in registration fees for my car, $400 per year in personal property taxes on my car. Plus sales tax, federal and state gas taxes, fees on travel. No to mention Federal income taxes of 33% and state taxes of 7% and real estate property taxes of $10,000. And about $100 month in tolls, and special taxes on parking, hotels. etc.
    Enough is enough. In my state the gas taxes are seen as a kitty to allocate to other budget line items.

    • @AndrooUK
      @AndrooUK 6 ปีที่แล้ว +2

      P Pumpkin Tolls on roads and bridges that have already paid for themselves, as well.

    • @Lrules364
      @Lrules364 5 ปีที่แล้ว +1

      I just gotta ask: where the hell do you live? I pay $200 a year to have 4 vehicles on the road, and I dont have 'vehicle property tax'. Ive never heard of such a thing.

    • @jaydunbar7538
      @jaydunbar7538 5 ปีที่แล้ว

      @@Lrules364 commercial vehicles get charged property taxes for different states regardless of where it's from. Alabama if I'm not mistaken is one of them with such a charge.

    • @cwhense
      @cwhense 4 ปีที่แล้ว

      @@Lrules364 Here In Iowa, I have 3 autos, one I pay a registration fees of about 650 for my Truck for at least 10 years, the wife's car is about 150 dollars, and the older SUV for the boys is still 400 and will be for another 7 years. Some states Like VA also charge a tax on personal property, just like what is charged for house/land property taxes. I also pay about 10 grand per year for the house and it is only about 200,000 in value.

    • @Navy35
      @Navy35 2 ปีที่แล้ว

      LRulesTheWorld yeah we, in Virginia, have to pay a personal property tax on our automobile even though we paid a tax on the same automobile on the day of purchase. The nicer the vehicle the more you pay until you sell it

  • @mcwolf90
    @mcwolf90 2 ปีที่แล้ว +6

    We used to have an extensive national private rail network and many local streetcar systems... until the government started heavily subsidizing car infrastructure.

  • @pipsantos6278
    @pipsantos6278 6 ปีที่แล้ว +89

    Funny how these bureaucrats sound like the bureaucrats in Atlas Shrugged. Lol. The end is near. Lol.

    • @matthew8153
      @matthew8153 6 ปีที่แล้ว +6

      Pip Santos
      Go on Google Street view and look around Charleston, WV. Mostly closed shops and unoccupied buildings. Just like the first chapter.

  • @Dr.Blockchain
    @Dr.Blockchain 5 ปีที่แล้ว +15

    I get headache when I see why I am paying taxes. Where and how they spend my hard earned money.

  • @emptyshirt
    @emptyshirt 3 ปีที่แล้ว +7

    Busses still run on public roads as far as I know. Factor in the cost of those roads before you conclude that trains are worse. The future of America is crumbling roads.

    • @hendrikdependrik1891
      @hendrikdependrik1891 3 ปีที่แล้ว

      Crumbling roads are thanks to government overregulation. Any sane person would want to use as little asphalt/concrete as possible to get people from A to B. However, DC isn't sane. Narrow roads and less stupid parking legislation will make people switch to smaller and lighter vehicles which will make the infrastructure degrading slower which means there are more resources to maintain the road network better.

    • @emptyshirt
      @emptyshirt 3 ปีที่แล้ว +2

      @@hendrikdependrik1891 The funny thing about corruption is that it isn't caused by the people taking the bribes. It is caused by the people offering the bribes. If you think the government is dysfunctional remember that the business people getting all of the bloated unsupervised contracts and using the profits to bribe through the next political cycle.

  • @ivowehsely9131
    @ivowehsely9131 6 ปีที่แล้ว +12

    I live in Austria,
    Everybody goes by train here, very few travel by car. It's much more pleasant and cheaper. It was all build by the government.

    • @bretthepler722
      @bretthepler722 3 ปีที่แล้ว +1

      Fuck the eu

    • @hendrikdependrik1891
      @hendrikdependrik1891 3 ปีที่แล้ว

      Well, Austria and Switzerland heavily promote the train. Trains make sense in the mountains. Tunneling for car/truck traffic is quite expensive. Also, cars are slow and dangerous on mountainous roads. The Alps also want to be clean and green. However, when it's less mountainous, public transit in whatever form always seem to fail compared to cars and even the bicycle.

    • @bell2007
      @bell2007 2 ปีที่แล้ว

      Austria is a much smaller country in terms of land mass and population, also America has extreme terrain differentials. I don’t think comparing Austria to America makes sense.

    • @ivowehsely9131
      @ivowehsely9131 2 ปีที่แล้ว +1

      @@bell2007 Austria is one of the least densely populated countries in Europe. There are also vast differences between it's mountainous west and swampy east, we even have some steppe. If you want to travel between urban centers a train always makes more sense than a bus. It is just so much more energy-effecient (nearly no friction). The US has more than enough resources to have a world-class train network.

  • @larrybrennan1463
    @larrybrennan1463 6 ปีที่แล้ว +6

    "Buses get no subsidy?" Who builds and maintain the roads they run on? Who builds, maintains, and operates airports? (And if you think either one pays enough user fees or taxes to cover the costs, you'd better take a course in economics.)

  • @CadillacM
    @CadillacM 6 ปีที่แล้ว +23

    $2.75 on the subway now, it went up again.

    • @Realcrapcontent
      @Realcrapcontent 3 ปีที่แล้ว

      That’s just inflation if the US dollar. They have to raise prices to be able to keep up. Sadly, federal reserve notes are not a reliably stable currency because our government keeps printing trillions for stupidity. This is why Bitcoin and gold are going up. When I grow up I will definitely invest in gold, silver and maybe even Bitcoin!

  • @homewall744
    @homewall744 7 ปีที่แล้ว +43

    In Seattle, we voted on a Sound Transit #3 for trains that nobody wants, and most of the money being taxed is used to pay off the overruns from Sound Transit #2. If only we had free market solutions for transit...

    • @Brightstars19
      @Brightstars19 7 ปีที่แล้ว +3

      Home Wall 54 percent of voters said yes to the proposal, so no you are wrong in that regard

    • @MrMattstearns
      @MrMattstearns 4 ปีที่แล้ว

      Vote Republican and maybe you will get sound change.get out of the beehive you drone.

    • @loganrash6764
      @loganrash6764 4 ปีที่แล้ว

      Everytime I've been on a sounder train it's been packed. People here enjoy the trains commuting between Lakewood and Seattle.

    • @cco53587
      @cco53587 3 ปีที่แล้ว

      If only, but they keep regulating them out of existence.

  • @ATTJ7628
    @ATTJ7628 3 ปีที่แล้ว +10

    3:47 In case you're wondering 10 cents in 1940 (when the city took over the subway system) was $1.71 in 2016 money

    • @superdingo9741
      @superdingo9741 3 ปีที่แล้ว

      Google says back in 1940 the price of a ticket was 5 cents. 10 cents it became in 1948.

  • @TheRisky9
    @TheRisky9 5 ปีที่แล้ว +47

    I decided to put John Stossel to the test and see how much it would cost via Amtrak or Grayhound. So I picked a city and picked a day and here's what I found:
    The bus was slower, BUT it was cheaper by nearly $20. First, I had to take a bus to ANOTHER STATE so I can even reach the Amtrak train on the day I wanted it. The bus also had three transfers at its own stations. Amtrak? Well, there was at least one transfer where I had to arrange my own ride to get to my next connection. This is why no one uses Amtrak.

  • @ethanlethander565
    @ethanlethander565 5 ปีที่แล้ว +9

    If we consider both rail infrastructure and highways as public goods, then why should rail have to turn a profit but highways don’t for some reason?

    • @chrispark5570
      @chrispark5570 4 ปีที่แล้ว +1

      Conditioning, convenience, familiarity, and freedom of movement of getting goods and services to shipped to your doorstep, whereas trains that can haul more goods overall only go to specified locations.

  • @aquatrax123
    @aquatrax123 4 ปีที่แล้ว +23

    Wait, they waited so long we do need the uv lights again lol.

    • @jamesbizs
      @jamesbizs 4 ปีที่แล้ว +1

      aquatrax123 lol came here for this

  • @Oraleproductions23
    @Oraleproductions23 4 ปีที่แล้ว +5

    I believe in his past life he was a comedian.
    Cuz his delivery on serious matters is bonkers.
    Keep it up

  • @watchdealer11
    @watchdealer11 5 ปีที่แล้ว +47

    The private sector is vastly superior in every way!

  • @justinnamuco9096
    @justinnamuco9096 4 ปีที่แล้ว +6

    That government employee thinks private companies don't profit from responding to people's demands 😂

  • @rixpix2957
    @rixpix2957 6 ปีที่แล้ว +7

    Bridges to nowhere. Taxation is theft but the waste of our loot adds insult to injury.

    • @ejcmoorhouse
      @ejcmoorhouse 5 ปีที่แล้ว +1

      Render unto Caesar...

  • @scotthuffman6089
    @scotthuffman6089 5 ปีที่แล้ว +2

    As always you have got it right again John. Keep up the good work!!!

  • @MK-ex4pb
    @MK-ex4pb 7 ปีที่แล้ว +25

    New York to DC never cost $150 except on Acela. Regular Amtrak is like $49 tops

    • @pkal244
      @pkal244 4 ปีที่แล้ว +5

      You mean the limited amount of fare saver tickets you have to buy months in advance? Those are $80 now. Try going during any sort of holiday and watch the price triple.

    • @iamnemo1792
      @iamnemo1792 4 ปีที่แล้ว

      @@pkal244 It shows those prices on the website, but there are ways around those inflated prices.

    • @jamesengland7461
      @jamesengland7461 3 ปีที่แล้ว +1

      But what's the actual cost? Probably much more.

  • @NathanielTanFL
    @NathanielTanFL 5 ปีที่แล้ว +10

    and now the train project has been cancelled.

    • @RunninGunner04
      @RunninGunner04 3 ปีที่แล้ว

      Elon Musk should build the Hyperloop there instead. He could definitley make money from it.

  • @SanAntonioSlim
    @SanAntonioSlim 5 ปีที่แล้ว +13

    "Not at this time...". Got to love that look when he admitted the trains have no private investors.

  • @AleksandrVasilenko93
    @AleksandrVasilenko93 5 ปีที่แล้ว +30

    Well, rail technically is the most efficient form of transportation. I visited Japan a month ago and the Tokyo subway system is a wonder, I honestly hate driving after experiencing it. However to all the Liberals, the subway system in Tokyo and the Shinkansen High Speed rail going between cities is all privately built and run :)

    • @AleksandrVasilenko93
      @AleksandrVasilenko93 5 ปีที่แล้ว +9

      @Marc T never more than 5 minutes late? Are you insane!? They are never more than 30 seconds late!

    • @ChrisB89071
      @ChrisB89071 5 ปีที่แล้ว +1

      How much was it for you to ride in Japan? I can't remember what I paid but I know it was quick!

    • @Jekyll_Island_Creatures
      @Jekyll_Island_Creatures 5 ปีที่แล้ว +3

      @@McBike770 Japanese aren't honorable in business lol. Try doing business there.

    • @PrezVeto
      @PrezVeto 5 ปีที่แล้ว +1

      Efficiency isn't absolute. Rail is energy efficient to operate. That doesn't consider construction and useful lifetime of the route.

    • @jonavuka
      @jonavuka 4 ปีที่แล้ว +2

      yea because they live a condensed population so its worth it... in the US we are so spread out

  • @uppitywhiteman6797
    @uppitywhiteman6797 7 ปีที่แล้ว +9

    I love Stossel. I followed his reporting ever since he did the flood damaged cars in Kansas City that was back when I was in college that, was in the 80s. See consistently always has good stuff from a different viewpoint always refreshing always good communication. I wish him nothing more than the best of health and many years to come.

  • @collinenglish5215
    @collinenglish5215 3 ปีที่แล้ว +3

    Why are trains being scapegoated here and not megagighways??

  • @Penncentral-vr6mg
    @Penncentral-vr6mg 4 ปีที่แล้ว +1

    In the 1970s the Penn Central transportation company was responsible for the mass transit system. However the whole Penn Central was a mess and commuter rail was no exception so instead of reinvest and make it nice they used old beat up and broken down cars and locomotives and went into bankruptcy in 1971. When Conrail took over their still was no money in the commuter rail and they were bleeding cash like mad so the government took over instead to fix up the line. For anyone curious their is a book the men who loved trains which covered it really well.

  • @Bundesligahoffefan
    @Bundesligahoffefan 3 ปีที่แล้ว +2

    Well seems like now the UV lights would be a great thing to have

  • @agoniaXdunya
    @agoniaXdunya 3 ปีที่แล้ว +3

    4:30 fire em up boys

  • @walesruels
    @walesruels 2 ปีที่แล้ว

    Amazing clip of the great leader at the end! 😂

  • @veleriphon
    @veleriphon 5 ปีที่แล้ว +19

    If high speed rail was profitable, private industry would have been doing it for years.

    • @maxleonard5723
      @maxleonard5723 4 ปีที่แล้ว +13

      They have been, Look at Japan, private high speed rail turns a multi billion dollar profit. This guy is spreading lies that the auto industry told us when they ripped up the streetcars.

    • @thomasawdffaw123
      @thomasawdffaw123 3 ปีที่แล้ว

      @@maxleonard5723 japan is much more densely populated, so you can't compare it

    • @anlasma7942
      @anlasma7942 3 ปีที่แล้ว

      @@maxleonard5723 if your 90% of population lives densly on coastlines then sure it will make profit. US tho? Venice has gondols lets build them in Houston!!

    • @cuzsleepisthecousinofdeath
      @cuzsleepisthecousinofdeath 3 ปีที่แล้ว +4

      "If high speed rail was profitable" - What if the gov is the reason it's not?

    • @ee-ef8qr
      @ee-ef8qr 2 ปีที่แล้ว

      @@thomasawdffaw123 No it's because the rail line owns land around the rail road.

  • @martyp5976
    @martyp5976 ปีที่แล้ว

    Si, great content as always!

  • @mavbaker2159
    @mavbaker2159 3 ปีที่แล้ว +4

    Lmao @ 4:30 - THIS did not age well. Great idea, hope they didnt get rid of them!

    • @amercedes1892
      @amercedes1892 3 ปีที่แล้ว +2

      Why does ultraviolet light as a solution to bacteria or viruses just feel so shortsighted and simplistic... almost as if it isn’t so effective.

    • @TheDarkLordLucifer911
      @TheDarkLordLucifer911 3 ปีที่แล้ว +3

      I *hunted* for this comment.

    • @mavbaker2159
      @mavbaker2159 3 ปีที่แล้ว +3

      @@amercedes1892 Unfortunately its not the most effective, that is, without using uvc. UVC generates Ozone and destroys DNA (Sunburn, but for virus/any organic organism) - Ozone is great for disinfecting, but at 4 times more oxidizing than bleach, its not a good idea to breath. You can use Carbon filters to eliminate ozone, but again, they are heavy and add complexity. Carbon filter does a great job removing viruses anyhow. UVB and UVA and not as practical for disinfection purposes (Not enough to generate ozone, destroy dna)

  • @DirtCheapFU
    @DirtCheapFU 3 ปีที่แล้ว +2

    Having spent 12.5yrs in the military and now living in Milwaukee with eyes to really see the world; it amazes me of how ridiculous California is with money and nothing to show for any of it other than "nice houses".

  • @shimmeringflameoflight
    @shimmeringflameoflight 3 ปีที่แล้ว +1

    Convenient that Bidden is the closing speaker huh. 4 years later and he’s ready to toss us into ruins.

  • @dash4800
    @dash4800 5 ปีที่แล้ว +3

    3 years later and they have given up on the high speed rail scam and are just running away with the money.

  • @pauskie6
    @pauskie6 5 ปีที่แล้ว +3

    Tokyo Metro does well yet it is private

  • @everythingandalittlebitmor8003
    @everythingandalittlebitmor8003 5 ปีที่แล้ว +2

    It’s so sad in many European country’s have their transport at the best that they can be and that they get you everywhere but America still has inefficient bad transport

    • @everythingandalittlebitmor8003
      @everythingandalittlebitmor8003 5 ปีที่แล้ว +1

      Ken MacDonald To enter Boston there is only a few ways to enter with a bus or train and they go every 4 hours or around that and so most people need to suffer through driving in and that causes terrible traffic jams so it’s not the worst but America needs to try harder

  • @brownedward93
    @brownedward93 2 ปีที่แล้ว

    Good job john been watching u from when u did world news tonite.

  • @adonisbob9551
    @adonisbob9551 3 ปีที่แล้ว +5

    Americans want to make America Europe and as a European, consider reevaluating that.

  • @argus4650
    @argus4650 4 ปีที่แล้ว +1

    A teacher at my school gave me the example of the how it takes 6 people to dig a hole and how it's just one guy digging a hole with 5 other guys staring down the hole and then they sit around and that'll be all they do for the day 😂.

    • @RunninGunner04
      @RunninGunner04 3 ปีที่แล้ว

      Thats Government work for ya

  • @ivanfigueiredo3683
    @ivanfigueiredo3683 5 ปีที่แล้ว

    hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha... it is so funny to watch this guy saying this things today. Thank you for that late joke!

  • @AinsleyHarriott1
    @AinsleyHarriott1 3 ปีที่แล้ว +2

    Most of London’s tube networks were also created by private industry, since 1860. They’re so damn good that they run incredibly well even today.

    • @jacktattersall9457
      @jacktattersall9457 ปีที่แล้ว

      Because Transport for London has invested in them. They were taken over by the government before WW2, so government building has nothing to do with it. No private companies have build public transit in europe, north america, or even asia recently.

    • @AinsleyHarriott1
      @AinsleyHarriott1 ปีที่แล้ว

      @@jacktattersall9457 So since the government took the tube business from the men who created it, they now get £3.4bn a year of taxpayer money in grants (from tfl.gov.uk). The network used to be privately managed, cheap, reliable, efficient, and it would produce value and generate taxes for us. Now, we have to bail out TfL every year to the tune of £3.4bn a year because government bureaucrats are not good at running private businesses.
      Is this a better situation?
      And since the government can't even operate within the limits of their tax income, they borrow against the pound, sending up inflation, which is an invisible tax on the value of the money you own and earn.
      If the government were in control of the Sahara, there would be a shortage of sand.

  • @sumvs5992
    @sumvs5992 3 ปีที่แล้ว +1

    Trains are also really ineffective in any place that has mountains, as trains have trouble going up a slope at 2.5%. That means you have to bore through mountains, or go really far out to go up a very shallow slope

  • @libertopaeurekananarch7562
    @libertopaeurekananarch7562 5 ปีที่แล้ว +2

    Why are we forced at gunpoint to pay for the vanity projects of politicians? If politicians want something, they should have to pay for it with their own money, just like the rest of us have to!

  • @sebastianoegan4223
    @sebastianoegan4223 4 ปีที่แล้ว

    I live next to a Q Train stop. Every time I pass by I remember for how much of my childhood it was under construction.

  • @larrybrennan1463
    @larrybrennan1463 5 ปีที่แล้ว +5

    Buses do get big subsidies. Or do they build their own roads?

    • @user-jc2ez6ig5z
      @user-jc2ez6ig5z 4 ปีที่แล้ว

      Nope they use the roads already in existence = no subsidies

    • @larrybrennan1463
      @larrybrennan1463 4 ปีที่แล้ว

      @@user-jc2ez6ig5z The roads magically appeared and are maintained by pixies, no doubt.

    • @eustacebagge3869
      @eustacebagge3869 3 ปีที่แล้ว

      @@larrybrennan1463 They pay taxes and thus help other roads be built. It pays back dont worry.

    • @larrybrennan1463
      @larrybrennan1463 3 ปีที่แล้ว

      @@eustacebagge3869 If you think the taxes paid by bus companies and trucking companies comes even close to covering the maintenance cost of the streets, roads, and highways they use, much less building them, then you had better do some research on what things cost, and who pays for them.

    • @eustacebagge3869
      @eustacebagge3869 3 ปีที่แล้ว

      @@larrybrennan1463 true, when the gov does it its quite expensive, i can agree with that

  • @wodzisz5
    @wodzisz5 7 ปีที่แล้ว +10

    Why don't they make trains that cars and buses can be transported on?

    • @chengliu872
      @chengliu872 7 ปีที่แล้ว +5

      Inniman!: They have one. It's called the Auto Train. It runs p2p from the Washington D.C. area to the Orlando area. It is a passenger train with auto racks as well so you can take that train and bring your car with you. It is Amtrak's most lucrative service, why it isn't more common is a mystery to me.

    • @TubaDaddy8
      @TubaDaddy8 6 ปีที่แล้ว +5

      Inniman! Because the government gave us cheap roads! Had we not spent trillions on a federal highway system, the private railroads likely would have autotrains crisscrossing the country right now.

    • @MilwaukeeF40C
      @MilwaukeeF40C 6 ปีที่แล้ว +2

      The east coast is pretty much the only place where the Auto Train format would work right now, though I think they could make money by adding a terminal closer to New York. It's the Seinfeld express.

  • @chengliu872
    @chengliu872 5 ปีที่แล้ว +1

    Buses do get plenty of subsidies indirectly. Who do you think maintains the roads that they buses run on?

  • @ydocsseyd99
    @ydocsseyd99 6 ปีที่แล้ว +3

    Im from that little mountain town of Tehachapi. An every year because of the new government it's looking more and more like progressive South Park. A Wal-Mart is being built this year.

  • @Komagb
    @Komagb 4 ปีที่แล้ว

    The fact that NYC subway was originally private blew my mind. Thank you.

  • @carlomalabanan
    @carlomalabanan 3 ปีที่แล้ว +3

    Joe Biden says "It's rail rail rail rail"

  • @risquerabbitthehomespa9356
    @risquerabbitthehomespa9356 4 ปีที่แล้ว

    Greyhound bus trips are the worst. Now riding the train. I love .

  • @juangabriel123ify
    @juangabriel123ify 3 ปีที่แล้ว +2

    I disagree with the notion that trains are a waste of money. They are more efficient and cleaner modes of transportation than cars. The problem is the American Gov. It is built to waste money and that's a shame. Others countries have implemented national rail systems with great success.

  • @ethanlethander565
    @ethanlethander565 5 ปีที่แล้ว +1

    Ok, so if all rail infrastructure needs to be privately funded, shouldn’t we make all of the roads private too?

  • @thecityguy1657
    @thecityguy1657 3 ปีที่แล้ว +1

    now the UV lights in the old trains would be useful again!

  • @nemodot
    @nemodot 5 ปีที่แล้ว +1

    I'm just glad this kind of thing isn't exclusive to my country Argentina, where populism is so widespread. We need to turn people away of their confidence on the government.

  • @johndoolan3428
    @johndoolan3428 3 ปีที่แล้ว

    Is it possible to build over the existing roads? Can someone knowledgeable tell me why or why not ?

  • @solidgolddick
    @solidgolddick 5 ปีที่แล้ว +1

    The reason why private rail companies developed subways and street car lines was because all freight rail companies had to provide passenger service under old regs. Once those were removed private rail operators got out of the business. Most street car lines were removed. Could get rid of subway because of tunnels. As for "inefficient government workers", those were contractors that were filmed.

  • @ruzzelladrian907
    @ruzzelladrian907 4 ปีที่แล้ว +2

    MTA bus drivers are so rude. Makes me think they don't even have training to provide good customer service, they don't even look at you because their busy thinking about something else while they wait for everyone to board. I was boarding a Q58 in Queens, and I had a free transfer receipt from riding the subway, and I was asking for another transfer, and the driver just said "Keep it", since it was knew to riding the MTA bus, I didn't know what that meant, because last time the bus driver just gave it to me immediately, so I get the impression that your experience just depends on which driver you're dealing with. That's why I say customer service isn't consistent with the MTA, like they hired a bunch of rude people by mistake and aren't doing anything. For people who get good pensions, pay grade, and benefits, don't act like it. I don't like their attitude, but I have no choice, they're the monopoly.
    I work in retail in the private sector, if the customer doesn't like our services when they ask for assistance, they don't come back and associate their bad experience to the entire brand. When I have to deal with a customer, and they ask me a lot of things, as an employee of the company, I have to be the face of good customer service, I have to smile and answer their questions facing towards them with eye contact. The MTA bus driver that I was dealing with, he was talking looking at the window on his left while I was on his right trying to figure out why he won't give me the free single-ride ticket, just told me in monotone "Keep it" while he stares outside while he rubs his fingers on his lips as if he's some sort of gatekeeper that makes all the rules. I know this sounds trivial, but I just find that rude, like as if I wasn't worth his time.

    • @diegoflores6164
      @diegoflores6164 4 ปีที่แล้ว

      It will be important one day, just don't forget that turd

  • @marlonmoncrieffe0728
    @marlonmoncrieffe0728 5 ปีที่แล้ว +1

    $2.75 now! And the $0.25 fare hike was only a few years after the last one with the previous hike only a few years before that!

  • @steveunknown8407
    @steveunknown8407 5 ปีที่แล้ว +1

    It is unsettling to me to see that this rail system is right in line with the destruction path of the wildfires that happened last year in 2018

  • @Adam-ql4oj
    @Adam-ql4oj 3 ปีที่แล้ว +2

    Buses literally drive on publicly funded roads....l

  • @chongjunxiang3002
    @chongjunxiang3002 5 ปีที่แล้ว +8

    While everywhere else outside US can make government endorse project work, why US can't?

  • @jackalenterprisesofohio
    @jackalenterprisesofohio 3 ปีที่แล้ว

    We once had trains lines thag went from the west to the east....the transcontenatial railway......was that built by government?

  • @makeitbuilditloveit
    @makeitbuilditloveit 3 ปีที่แล้ว +1

    Your videos should be required watching for all university students.

  • @carlose4314
    @carlose4314 6 ปีที่แล้ว

    when Miami-Dade County was building the metrorail, they ran out of money so for the second part, they added bus lane.

  • @jarrodvsinclair
    @jarrodvsinclair 5 ปีที่แล้ว

    Would love to see a follow-up to this that interviews the boring company

  • @Zizumia
    @Zizumia 5 ปีที่แล้ว

    My city spent millions on a new trolley rail system, that followed the same route of the busses but only around the metropolitan area. Busses are cheaper to ride and they go to residential areas so the new trolley system is at a loss of profit. They are now spending more money to expand the rail, but to more metropolitan areas the busses have access to...

  • @SeraphoftheRoundTable
    @SeraphoftheRoundTable 4 ปีที่แล้ว +1

    All of America's passenger railroads from the 1850's to the 1950's were all private. PRR, Erie, AT&SF, Union Pacific, etc and they provided much higher and reliable service (were actually on time or earlier) than that garbage we have today called Amtrak.

  • @mirzaahmed6589
    @mirzaahmed6589 6 ปีที่แล้ว +10

    Buses use subsidized highways.

    • @MilwaukeeF40C
      @MilwaukeeF40C 6 ปีที่แล้ว +6

      Privatize that shit.

    • @allenatkins2263
      @allenatkins2263 5 ปีที่แล้ว +1

      They pay fuel tax, license fees, permits.

  • @melainewhite6409
    @melainewhite6409 5 ปีที่แล้ว

    Where I live the roads are pothole strewn but the city funded replacing 1/2 mile of fine bike path with a bike path. Every month the completion date gets pushed back 2 months. Days go by with nobody working. Where I once lived a large shopping center was put in. Raw land to stores opening was 90 days. Public projects vs. private projects.

  • @maxscott3349
    @maxscott3349 4 ปีที่แล้ว +1

    Fucking hilarious. No longer need the UV lights to stop the spread of polio

  • @TiloHalvorsen
    @TiloHalvorsen 6 ปีที่แล้ว

    I have a question. Stossel said that the subway had competition. I‘m not exactly sure how that was the case. After all there weren’t 2 identical train lines next to one another

    • @kofola9145
      @kofola9145 5 ปีที่แล้ว

      Cars, bus, legs, bikes, motorbikes, boats, planes, helicopters, rickshaw.

  • @AndrewVaughanOfficial
    @AndrewVaughanOfficial 4 ปีที่แล้ว

    The California train debacle was a prime example of government corruption and inefficacy, but the government is still capable of providing infrastructure for its people. Most Americans seem to be unaware of how many foreigners are just glad that our roads work and reach everyone

  • @jaypuck6912
    @jaypuck6912 5 ปีที่แล้ว +1

    (1:08) Another $100 b-b-billion? Okay, let's get this into perspective. Israel built the Sorek Desalination Plant for $500 million and it produces ONE BILLION GALLONS OF WATER EVERY WEEK. So, for that extra $100 billion, California could build 200 of these plants, and produce 600 gallons of fresh water for every person in the state -- and we are only talking about NEW water source, not the water they already have. Spend that "extra" $100 billion of water, and suddenly every citizen (and illegal) and every farmer would have plenty of water and they could allow the upper river states like Colorado take more.

  • @TahoeJones
    @TahoeJones 5 ปีที่แล้ว +2

    How many sport stadiums have been built,
    since we knew our bridges are crumbling?
    High speed rail, will have the same effect,
    (Ref: China)
    that the railroad did for the 19th century.
    But it's no longer affordable here.
    Hilarious!

  • @shermanngjazz
    @shermanngjazz 5 ปีที่แล้ว +3

    Japan's Shinkansen/Hong Kong's MTR>>>>>>>>>>> NYC's subway

    • @iamnemo1792
      @iamnemo1792 4 ปีที่แล้ว

      MTR carries less people per year and doesn't even run 24/7...

    • @shermanngjazz
      @shermanngjazz 3 ปีที่แล้ว

      @@iamnemo1792 At least it's wayyyyy cleaner than NYC, NYC looks like a dump.

  • @odar9729
    @odar9729 3 ปีที่แล้ว

    Lol we need those ultra violet lights!

  • @startek119
    @startek119 6 ปีที่แล้ว +1

    Stossel what do you think of hyper loop competing for this train line

    • @reasonablespeculation3893
      @reasonablespeculation3893 4 ปีที่แล้ว

      The Vacuum Chamber of death will never be built.
      Too expensive to build and operate.
      Expansion and contraction issues will make maintaining a seal impossible.
      Claustrophobic. No way to evacuate. A terrorists Dream Target.

  • @TheMoukis
    @TheMoukis 4 ปีที่แล้ว +1

    HEEEEYYY, it's creepy Joe Biden at the end.

  • @jamiekloer6534
    @jamiekloer6534 5 ปีที่แล้ว +1

    Let the private sector do it so it gets done. Only way it will get done.

  • @Smalex1991
    @Smalex1991 3 ปีที่แล้ว +3

    Those ultraviolet lights were actually way ahead of their time 😂😂

  • @MagicMojoSoftware
    @MagicMojoSoftware 5 ปีที่แล้ว +1

    Running big, heavy trains for 1/3rd occupancy is an environmental disaster no way that unsubsidized businesses would do that! So subsidies are an environmental nightmare.

  • @ericreingardt2504
    @ericreingardt2504 3 ปีที่แล้ว +1

    When you cut funding for public services of course they'll underperform. It's the oldest trick in the book for profit seeking corporations

  • @searinggravy7047
    @searinggravy7047 6 ปีที่แล้ว +1

    The amtrak in Florida called thw trirail is packed

  • @evanjsx
    @evanjsx 3 ปีที่แล้ว +2

    I’m really interested to see the differences between transit and Japan and the US and why bullet trains are so ridiculously successful and more useful in Japan.
    From the little I’ve read so far, it looks like geographic size and density are big reasons it wouldn’t make sense in the US.

    • @xanderarmstrong6198
      @xanderarmstrong6198 3 ปีที่แล้ว +4

      The only places it could geographic sense is the New York megalopolis and California, which is where the initiatives are proposed.

  • @segalliongaming8925
    @segalliongaming8925 4 ปีที่แล้ว

    I just read an article today about the planned BART extension to San Jose, CA. This extension will be 20 extra miles of rail, but it was originally planned to complete in 2014. It is now estimated to complete around 2030. I kid you not. Such incredible incompetence could only be tolerated by us Californians.

  • @AdrianDeer
    @AdrianDeer 5 ปีที่แล้ว +2

    Aww :( i guess that is the first tume i disagree with you Herr Stossel.
    In switzerland and japan the railroad brings people faster and saver to almost any point of the country for a moderate price.
    The example for Amtrsks seats being only filled for about 30%, can apply to California. But also in switzerland you got trains filled only for 20% when you dont use the rushhour trains.
    But as a conductor i might be biased.

    • @eriksvensson2098
      @eriksvensson2098 5 ปีที่แล้ว

      its a whole different system, the American Amtrack costs about as much as a plane ticket to the destination you wanted to get to!! While the bus lands at about 1/5th of that or less, it just isnt worth it for both the train companies and the people to go around in trains anymore since there are options and competitions from all parts of the travel industry that try to break a profit etc so it just isnt worth it outside larger cities such as NewYork to have railroads used for human transports. The seats are filled to about 30% (which is crazy high considering the options) on averege from bigger cities and even less in places where its less dense.
      Japan usually have their trains filled 200% during rushhours and 80-160% when its not peak, one of many reasons its so cheap people actually use it cause there is a need for it! Economics 101 if there is a need it will be filled and trains in the US is more or less not needed at this time (for human transports ofc).

    • @kofola9145
      @kofola9145 5 ปีที่แล้ว

      You may be biased as much or as little as you want. The problem is, it is a stupid system where the right hand is not aware of the actions of the left hand.
      1)You have cars on public roads. They pay a gas tax, but that is not a road tax. It is used to fix the budget. Still, the expenses and incomes should be so-so.
      2)Then you have trucks on subsidized public roads and they pay at best 1/10 of wear and tear they cause. So it is subsidized by the government. Hundreds of billions of Euros per year. I would not be surprised had this trucking industry subsidy formed the majority of budget deficits. if not all. It is at least 200 billion USD per year in the USA.
      3)You have passenger trains on subsidized rail, that does not make money because people use public roads. And therefore subsidized by the government. It used to work in times of huge factories with 5000 of workers on the mainline. It no longer does, because the government will gladly bill the infrastructure(among other expenses) required for your brand new factory located in the middle of wheat fields. If roads are the only way to get there, I do not think ppl are going to use trains.
      4)Then you have freight rail on the subsidized, passenger rail, that is not subsidized because obviously, it is a private endeavor. But it does not make much money, because it a) it uses passenger rail b) the trucking competition is subsidized by hundreds of billion of Euros. C) idiotic planing mentioned in the no 3.
      Now, it does not matter if trains are used by 60% of people or by 6%. The problem is all those lorries pulverizing roads and causing budget deficits. Once you bill truckers their fair share of expenses, you solve the whole conundrum.

  • @britainreynolds7365
    @britainreynolds7365 5 ปีที่แล้ว +1

    And... Now the California high speed rail is shut down. Lol

  • @vitalymaliarov696
    @vitalymaliarov696 2 ปีที่แล้ว

    As a frequent Amtrak commuter, i can safely say that Amtrak trains aren't packed. I take the Hiawatha service between Chicago and Milwaukee frequently, and only like 20% of the train is full when I use it