I seriously feel like I'm stuck in a bad episode of The Simpsons. Obama keeps talking about this like its going to save the economy. Now Michigan just announced it got a couple hundred million just to help plan one out. Not actually drive any nails or build any cars...just for planning.
How is a high speed train supposed to help? Didn't they already have to bailout Amtrack?
It's not going to help at all, a high speed train takes about as much energy as every passenger on that train riding alone in an electric car does.
The reality is that Obama, like any other politician in any oil-rich nation cannot really go against big oil in his own nation.
Honda has made a perfectly fine hydrogen fuel cell version of an electric car, it's four seats regular sedan, it will run about 500 kilometers per tank, it's carbon neutral and while the price RIGHT NOW on hydrogen is about the same as for petrol, it will cost one 50'th of it when a majority of vehicles start using it instead of petrol.
That said, the US does NOT want anything to replace the regular combustion engine personal vehicles for obvious reasons.
That said, the medium speed trains you are planning (anything below 250mph isn't a high speed train) might very well be of good use considering your logistics and as anyone living in Europe knows, owning a car and living in the city is retarded and providing those who have to drive to work (when there are plenty doing so) with alternate means will cut down on the costs as well as on the environmental costs.
We've been doing that in the EU for about 50 years now, welcome to the future.