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I've been to Europe.... I've ridden on a train in Germany. My personal experience was that it was awesome.
A point to consider about the US Railway system:
If the railways were done away with, all of the goods that are shipped that way would then have to be shipped via roadway. This would add an immense amount of "big rigs" to the road. That's simply not economically feasable, since many (independant) truckers are barely(if even that) covering their expenses. Those who are paid by a company make money, but that raises the prices of the shipping, and as a result, there is an increase in the end cost of the product. Inflation.
Also, you end up with higher congestion, and this also wastes money/fuel.
And then there is the safety issue(s) of that much more traffic.
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