File this under Only in America; the recently-passed national transportation bill includes $42 million to fund further research on a proposed Anaheim to Las Vegas (Disneyland to Casinoland) magnetic levitation high-speed rail system, designed to whisk the entertainment-starved between the two spots at speeds up to 310 mph. I can just see parents loading the kids on the Maglev and shipping them off to Disneyland (Walt Disney, NYSE:DIS) while Mom and Dad hit the craps tables in Sin City.
This funding, of course, is only a drop in the enormous bucket of this cutting-edge technology. The final cost to construct the system is currently estimated at $12 billion. Imagine the ticket prices- even more than entry to Disneyland, including refreshments!
The technology, which has been under study for more than 20 years, has been proven in a number of demonstration project and is currently in use in several sites, most notably a 19-mile stretch in Shanghai, China. The advent of superconductors has helped the technology leap forward, and many countries have preliminary plans to construct the systems. In the U.S., various groups are promoting maglev lines connecting Baltimore and D.C., San Diego to a new proposed airport, through the Pittsburgh area, and Atlanta to Chattanooga.
Part of the high cost of such system stems from the need to construct new corridors; maglev trains don't operate on rail, but rather float over a different type of rail on a cushion of air maintained by magnetic repulsion. In this respect, finding a corridor across the southern desert should be easier than in densely inhabited areas.
However, I have to wonder if this makes financial sense. Assuming a round-trip price similar to that of an airline ($172 at this moment on Delta), just to gross $12 billion, this train would have to carry 10,000 passengers a day, every day for 20 years. To net $12 billion, the number would probably be, who know? 100,000 a day?
With countries around the world preparing to build their own demonstration projects, wouldn't it be smarter to learn on their dime, and wait until the economies of scale are in our favor before building such a costly system?
And do you suppose our money could be better spent connecting sites of less ephemeral value? In this instance, I wouldn't mind if what happens in Las Vegas stays in Las Vegas.
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Reader Comments (Page 2 of 2)
6-30-2008 @ 4:04PM
Reggina said...
Dear Sir:
Always happen the same when something new shows, specially when we talk to improve a technology system.
This investment will save trillons to the country every year.
The country in this momente is spending, how much money in a destructive war? Why? Because of the oil.
Beside this transportation will bring a solutions for so many crutial problems.
6-30-2008 @ 12:11PM
blupoppy9 said...
Thank you Mr. Jordan for writing the article that should have been posted here in the first place. This article is further proof that one of the biggest problems in our county today is the MEDIA. Tom Barlow proved he does not know his ass from a hole in the ground when it comes to this subject of high-speed trains and their feasibility in the American economic system. This is a glaring example of how much of the media today on television, radio, print and on the internet are out of control and truly nothing more than endless pontificating from a population of uninformed windbags. To borrow a phrase from someone who I unfortunately cannot credit at the moment, we are living in an age of endless "verbal flatulence." And it stinks!
6-29-2008 @ 3:23PM
Ski said...
I can think of two dozen other markets to use this train in other than a train from LaLa Land to the City of lost Wages.
Designers and politicians do not have the best common sense.
6-29-2008 @ 3:23PM
SAM said...
Government should never be in control of anything bigger than the muzzle of the gun they point at us to steal our money every April 15th.
If this system was ever to be built it should be done entirely as a private business and not as a government dole out system. Have you people forgotten the great bottomless money pit of the tunnels?
Florida spent 300 million on their own high speed monorail system and never got one. You think you will get anything for 42 million you are fools, It will end up being in the neighborhood of 2 billion If the government runs it you will not ride it yourself unless you are armed (not going to happen in Communist California) and god forbid your kids or wife ride it alone and it will smell like pee and stale beer, prostitutes, and drug pushers will exchange services in every shadow.
Now think of who will run this train if the government has its fingers in the running of the train. The hiring of the person at the controls will be based on who needs the job most not who can best do the job. It will not be an evil meritocracy where the person at the controls has earned the position through experience and proper decision making, he will be the most defective person on the planet picked because of the summation of the bonus points given to him for each form of victimization entitled (minority status, paroled prisoner, recovering alcoholic, gender/genders, affiliated political party, etc.)
Nothing the government does is good and if this project is to be built it should be done with private money and private funds so it can be run as a business where investors can look at its merit of those running it and determine if it is worthy if supporting or not and never the on the unlimited funds stolen from the American people by a bunch of bureaucrats. Look into who this guy is that is asking for the government to doll out our money, he is most likely a grater and a thief that got the votes for this by blowing someone or by making illegal donations to someone, and most likely a dumocrat.
6-29-2008 @ 3:32PM
David said...
1. Autos on salt flats go far faster, Train as designed is not fast enough. BAck to Drawing board
2. a comprehensive nationwide plan should be drawn up and costed, the should add the savings of numbers, you specify as worth waiting for. Back to drawing board.
3. MAGLEV can be constructed OVER existing RR corridors, like superhighways over old highways.
That would reduce costs significantly. where engineering makes unnecessary circuitutous routes of rail trains perhaps new routs wouldhave to be purchased.
BAcktothe drawing board.
4 . we need a non polutting transoprotation system such as maglev will one day achieve.
6-29-2008 @ 4:41PM
SAM said...
You think Obama is going to do anything for America, beyond helping the democrat party dig its claws into the hard working Americans to drag their life blood to support a bunch of lazy worthless scum that vote him in? Every word from his mouth is hate for the wealthy and transfer of wealth to the poor. Poor people are that way because they make stupid decisions and the wealthy are that way because they do not put themselves in situations where their money leaks out like water through a sieve. The wealthy actually produce something, work hard and do not have time to blow their money on drugs, alcohol, fancy rims on their cars. Wealthy people are those of us that have denied themselves the things they want and got the bare minimum of what they need while they let their money work for them after they worked so hard for it. Good Americans invest in education or trade skills to put themselves in a higher wage job, they struggled to save so they had the capital to start their own business, nothing is ever handed to a hard working American. If if he invests wisely and works hard enough he becomes wealthy by his own worthiness to keep it despite the fact the mooching worthless filth like the Marxist Obamma steal from him based on hatred of the wealthy. All The Democrat party is going to do is blast the brains of the great minds all over the ground so everybody can share in the left-over brains like a bunch of mindless zombies. The United States of America after a Barrack Hussein Obamma will be a place where the smart people leave in droves to escape the oppressive taxes and business leaves in waves making everybody that is too stupid or lazy to leave either slaves of labor(those who work hard and are taxed out of their money to feed the lazy) and slaves of entitlement (those whose souls are bought by the benefits given to them as rewards for their votes.)
6-29-2008 @ 6:22PM
frede31601 said...
lets justget it up
6-29-2008 @ 6:40PM
ANDRE said...
That seem nice if they could have a line to go from Richmand,DC.,Balt.,Philly.,than to NYC.. That would be worth it other than DC. to Balt.. But really I don't know what all it takes to set-up something like that. One thing if the price is right(low) it will have alot of families travelling that way.Gas prices,travelling through DC. highways even 95 strip Richmond to NYC. is serious travelling.
6-30-2008 @ 5:21AM
Tracey said...
Here in Florida we don't even have a train that goes from Miami to Tallahassee...our very own capital!
6-30-2008 @ 11:04PM
Amanda said...
wooo, go america, let's go ahead and spend more money on stuff we really don't need.
how about taking that money and giving it to people who really need it instead of to those who are just going to throw it away?
7-04-2008 @ 11:41PM
KenC said...
I've ridden the Shanghai Maglev twice. It's fun, but it's a flop. No one rides it. It's too expensive, and so they've had to lower prices, and still, not enough people ride it.
It's a flatland Concorde.
I doubt the bill for a Vegas-Orlando maglev would be only $12B. I think it'll be more like the Big Dig. What is $12B now, could be $150B by the time it is finished.
I strongly doubt any cost-benefit analysis would show this investment a good one. The only way this project would happen is the same way B1 bombers get built. Politicians in lots of states affected would support it for the construction jobs. Subsidizing this project will make taxpayers regret it for a long time.
7-04-2008 @ 11:42PM
KenC said...
Just noticed that this was for Anaheim to Vegas not Orlando to Vegas. That just makes it even more of a waste. If Disneyland and Vegas wants this, let Disney and the Vegas casinos pay for it.