The One Chart That Explains Everything
MIKE WHITNEY • JULY 12, 2023 • 3,300 WORDS • 910 COMMENTS • REPLY
Look carefully at the chart above. What do you see?
You see the development of a high-speed rail system that is unrivaled anywhere on earth. You see the actualization of plan to connect all parts of the country with modern-day infrastructure that reduces shipping costs, improves mobility and increases profitability. You see a vision of the 21st century in which state-directed capital links rural populations with urban centers lifting standards of living across the board. You see an expression of a new economic model that has lifted 800 million people out of poverty while paving the way for global economic integration. You see an industrial juggernaut expanding in all directions while laying the groundwork for a new century of economic integration, accelerated development and shared prosperity.
Is there a high-speed rail system in the United States that is comparable to what we see in China today?
No, there isn’t. So far, less than 50 miles of high-speed rail has been built in the United States. (“Amtrak’s Acela, which reaches 150 mph over 49.9 miles of track, is the US’s only high-speed rail service.”) As everyone knows, America’s transportation grid is obsolete and in a shambles.
But, why? Why is the United States so far behind China in the development of critical infrastructure?
https://www.unz.com/mwhitney/the-one-chart-that-explains-everything-2/
