Paul Gessing takes a look at Governor Bill Richardson’s claim to be a
fiscal conservative and find its wanting (WSJ—subscription
required). His profilgate spending has included this
boondoggle:
Mr. Richardson also likes trains. One of his pet
projects is the Rail Runner, a commuter train that connects the
northern and southern suburbs of Albuquerque and has been beset
with financial problems, although its full length has yet to be
completed. An anticipated $75 million in federal financing for the
project has fallen through, so state residents will have to foot
the entire bill.
To complete the project, 20 miles of track will need to be run
through the desert to Santa Fe at a total cost of about $400
million (not a small sum in this state). This for a train that will
take an hour and 20 minutes to complete a trip that takes just one
hour by car.
Usually, commuter rail is built to take automobiles off of the
roads during rush hour. But Santa Fe is a city with just 70,000
residents, and some people wonder: How many cars can this train
really replace? While there are isolated pockets of congestion, the
problem in New Mexico isn’t too many cars but too few overpasses
and too many stoplights.