“By the late 1960s, America’s railroads were collapsing. Passenger trains were bleeding money, airlines were booming, and the interstate highway system was rewriting the country. Then came Amtrak.”
We discuss:
- Decline of private railroads
- Cars + interstate highways
- Jet age competition
- Why railroads wanted out
- Creation of Amtrak in 1971
Modern angle:
- Why passenger rail still struggles today
- Comparison to Europe and Japan