Re: Fall River/New Bedford Commuter Rail
I did some really rough back of the napkin math, and even if the extension was somehow a runaway success and attracted 10,000 riders, with each passenger riding 250 days a year and paying $20 each way to do it, it would still take 23 years to pay back the cost of just building the extension, not even taking into account operating and maintenance costs.
Now, if it gets a more realistic 5,000 riders paying the current $28 round trip riding 250 days a year, it takes over 65 years. Contrast that with the 750mil R-B connector, projected to serve 12,000 riders. If they rode 250 days a year paying $4 round trip (both of those figures would be higher in reality) it would take just over 60 years to recoup the costs. Serving more than double the ridership, with far less maintenance and operational overhead. Oh yeah, it also doesn't require expanding a major terminal, expanding storage capacity, or buying new trainsets. Oh, and it frees up capacity in one of the most overcrowded parts of the system.
But please, lets build a supertrain through a swamp. Because votes.
*edit*
I grew up in NY's Hudson Valley, riding the Port Jervis Line into Manhattan. It is very, very similar in many ways to the South Coast extension. The big difference is passenger service was never severed, and the platforms were nothing but asphalt strips until a recent modernization program. I think that restoring rail service to FR and NB is a good idea, but not for the absurd costs associated with it. Phase the extension to Taunton first, and then slowly experiment with extending service south. Only peak at first to test the waters on slow freight track. If the numbers are there and people are willing to ride crippled freight track (as everyone on the PJ line did for years, I rode many 2 hour trains), then begin upgrading speeds. This full build nonsense is insane, and disregards the Greenbush fiasco that didn't happen all that long ago, as well as the runaway success of slow phased service such as the Downeaster and Cape Flyer.