This morning, Becky Quick tweeted:
Transportation Sec. LaHood points out Amtrak made money last year. But it’s needed $30b in subsidies over the last 3 decades. -@beckyquickcnbc
That is a fair observation — but it is rather incomplete, at least regarding air travel. We build massive airports, there is the entire FAA; We now have the TSA, and we bailed the airlines out after 9/11.
All of which raises the following query:
How much do we subsidize air travel?
Feel free to explain what transport subsidies are out there . . .
Category: Taxes and Policy
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.