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They got the government out of regulating the freight lines and freight went way down. but with government regulation on amtrak, congress imposed how they manage their labor and where they can run trains and cost went up. >> john: one result they run trains from new orleans to los angeles, for example. that is most expensive suction did i. >> i have ridden this train. it goes through desolate landscape and it takes a long time. it going three days a week. it has the lowest ridership and some of the highest costs. >> john: get rid of it. except there are politicians that wants to keep that trai...

Actually believed it would be able to pay for itself out of rail fares. they were cheaper than airline fares they would get a lot of customers. but since then airline fares have dropped and rail fares have gone up and costs have gone up faster so the subsidies are huge. >> john: costs would go down and costs often do and government thought it manages better. they didn't regulate freight rail. there we have this chart. the prices did go down. we measure this from the beginning of amtrak, amtrak prices went up, freight went down. >> if you look at the chart. they stayed about the same until abou...

And they are hemorrhaging money. when amtrak took over, congress actually believed it would be able to pay for itself out of rail fares. they were cheaper than airline fares they would get a lot of customers. but since then airline fares have dropped and rail fares have gone up and costs have gone up faster so the subsidies are huge. >> john: costs would go down and costs often do and government thought it manages better. they didn't regulate freight rail. there we have this chart. the prices did go down. we measure this from the beginning of amtrak, amtrak prices went up, freight went down. >...

Regulating the freight lines and freight went way down. but with government regulation on amtrak, congress imposed how they manage their labor and where they can run trains and cost went up. >> john: one result they run trains from new orleans to los angeles, for example. that is most expensive suction did i. >> i have ridden this train. it goes through desolate landscape and it takes a long time. it going three days a week. it has the lowest ridership and some of the highest costs. >> john: get rid of it. except there are politicians that wants to keep that train going. >> john: so the rul th...

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