Transcontinental Railroad organization
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Claims (1)
Abraham Lincoln member_of
Transcontinental Railroad host_asserted
“Private versus government. And of course, the government. What's that? True every time. Every single time. That's why you cannot have central planning. It will never be. It will always be inefficient and corrupt. And of course, there were s…”
▶ The Shadow State 68 Fabian Socialists Pt. 1 @ 58:12
Mentions (4)
▶ 56:36
this was the corrupt system so i'm going to give you a great example of this everybody's heard of the transcontinental railroad right yeah there was another transcontinental railroad built about a decade or so later okay that was done by th…
▶ 57:10
took bribes from towns to say, okay, I want to get the railroad to go through my town. But here's the comparison of what a government does versus what a privately built railway does. Transcontinental Railroad built in 1869, 1,911 miles. The…
▶ 57:40
Transcontinental Railroad, government-funded, took it six years to build. The private one took three years. The government cost $48,000 per mile. The private one cost $30,000 per mile. Total cost of Transcontinental Railroad was $125 millio…
▶ 58:12
Private versus government. And of course, the government. What's that? True every time. Every single time. That's why you cannot have central planning. It will never be. It will always be inefficient and corrupt. And of course, there were s…