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overtheedge
Member since May 2012
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Return of the Buggy Whip; Streetcar Named Imprudent - Mish - Global Economic Analysis

You nailed this one. Big thumbs up.
Reminds me of that "The Simpson's" episode about Shelbyville and a monorail.

Commented 3532 days ago

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Beginning of the headline :Detroit, fresh out of bankruptcy, wants to waste $137 million on a streetcar project that will cost $45 million per mile to implement. Detroit is not the only city to recently hop on the nostalgia bandwagon. For example, USA Today reports Atlanta, other cities see a streetcar renaissance. ATLANTA – Once upon a time this city was crisscrossed by electric streetcars. At the peak of streetcar travel in the mid-1920s, some 800 streetcars covering 200 miles of track carried 97 million passenger t... Read More

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