Uh-oh.

From President-Elect Obama’s weekly address today: Second, we will create millions of jobs by making the single largest new investment in our national infrastructure since the creation of the federal highway system in the 1950s. We’ll invest your precious tax dollars in new and smarter ways, and we’ll set a simple rule – use it …

American Bullet Trains?

There’s action in Congress to pour $14 billion into improving the tracks between New York and Washington, reducing the travel time from 2:45 to under 2 hours. Hooray for that. It’s still early going, of course. Besides budget-cutting zeal and NIMBYs, there are two big things to worry about. First, stations may be added for …