by Ryan Avent

I often have critical words for Amtrak CEO Alex Kummant. Where a normal CEO might approach something like bold proposals for high-speed rail networks by tempering pessimism with an explanation of what the potential benefits might be, Kummant simply acts like he doesn't much care whether it happens or not. Granted, that's an understandable attitude for a guy running an organization whose $1 billion or so in federal money has been threatened annually by the president (he needed it for two days of the Iraq War). Still, would it hurt to put the investment in some kind of context?