Is high-speed rail worth the expense?

From the Detroit Free Press

Local columnists have opposing views on this:

Michigan should be grateful the federal government allocated only $244 million to the Detroit-Chicago high-speed rail corridor, writes Randal O’Toole.

But, Tim Fischer counters, passenger rail is a catalyst for economic development that invariably accompanies it.

Page link:
http://freep.com/article/20100218/OPINION02/100218003/1322/Is-high-speed-rail-worth-the-cost