I was scared to look... h34r: This article is a little extreme.. Anyone agree?Nice to see the comments section.
They are owned by News corp arent they?Pathetic display of "journalism," I would've expected much better from a website with the Wall Street Journal logo at the top.
At least last night they were all pro rail.I was scared to look... h34r: This article is a little extreme.. Anyone agree?Nice to see the comments section.
WSJ is owned by News Corp and is decidedly conservative in its editorializing, so the article was no surprise. :wacko:Pathetic display of "journalism," I would've expected much better from a website with the Wall Street Journal logo at the top.
The June 2011 Monthly report shows a projected net loss of $1,336.9 million dollars, but this is $37.7 million less than the FY2011 budget amount. Subtracting depreciation and other items totaling $861.8 million from the net loss, the actual loss is $475 million. Which is less than the budget projected loss of $561.9 million. Which, incidentally matches the operating subsidy Amtrak got in FY11.". The company is projecting an operating loss of $507 million for the fiscal year ended in September -- even more than its $420 million loss in 2010 -- and next year, it expects to lose $616 million.
I find this stat really hard to believe. Are they actually saying that considering that Amtrak has changed little in the last two years (while ridership is still growing) that its losses are growing by 90M a year?
Can someone please veryify this? :help:
According to Amsnag, the highest rate is $168 for an Acela BC. This train makes the journey in 3:40. The lowest rate in the next 30 days is train 86 on 10/28. It's $49 and makes the trip in 4:19. But I guess it doesn't journalize well to write "But Amtrak can make the journey in as low as 3 hours and 40 minutes or as cheap as $49." In fact, I don't see where there is any $168 (or $164) rate AND a five hour, 10 minute run. In fact I can't find a 5 hour, 10 minute schedule from NYP to BOS at all.The Bolt Bus, which offers Wi-Fi and runs daily from New York to Boston, for instance, takes four and a quarter hours and costs up to $30. An Amtrak train on the same route can run as high as $164 and take up to five hours, 10 minutes.
NOTE: Being fiscally or socially conservative is by no means inherently anti-rail. Full stop.WSJ is owned by News Corp and is decidedly conservative in its editorializing, so the article was no surprise. :wacko:Pathetic display of "journalism," I would've expected much better from a website with the Wall Street Journal logo at the top.
You're right. The overnight train, which should be a sleeper, and stops at every single stop, does take an hour longer than their precious bus.66 takes that long to make the run.
Edit: I went ahead and took your point and made it into a comment on the site, VF. We'll see if it garners any discussion.
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