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Economics

Obama’s Dream Is Abe Lincoln’s Train, Not Amtrak

Oct. 8 (Bloomberg) -- U.S. President Barack Obama wants to jump-start a world-class high-speed rail network, but Republican candidate Mitt Romney wants to end Amtrak’s run as a government-controlled, subsidized rail company.

This debate mirrors the larger conflict between Obama’s optimistic vision of a public sector that enriches our lives, and Romney’s skepticism about what the government actually delivers.