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Re:Obama Tax Plan a Frontal Assault on Entrepreneurs by andreyf on Saturday October 11, 2008 @11:51AM (#329757)
If high-speed rail in CA made financial sense, why wouldn't a for-profit enterprise be interested in doing it?

Because there are externalities which a private company can't benefit from, but that people benefit from.

Re:Obama Tax Plan a Frontal Assault on Entrepreneurs by akbar5919 on Saturday October 11, 2008 @02:59PM (#329845)
They benefit, but not enough to pay for it?

More importantly, what's the difference between "private company" and "people?"