The obituary for Borders Group, the competitor of Barnes & Noble bookstores, Amazon.com’s bookselling operation, and scores of independent bookstores around the nation, appeared in the July 20 edition of The Wall Street Journal.
There was a time if you were the owner of a great paddlewheel boat on the Mississippi, you were golden. Passengers and goods moved in both directions. By the standards of the day, you were a very wealthy man. Then the railroads began laying track, connecting cities, towns, and finally the two coasts. Riverboat use dried up; often literally as they were abandoned if they got beached on a sandbar.
Henry Ford put a lot of blacksmith shops, stables, farriers, carriage makers, and horse traders out of business with his Model A, little black car. Pretty soon towns and cities were laying roads and highways as fast as they could to keep up with Americans who took to driving cars with a passion that has not ceased.
It is a mark of how out of touch with reality Barack Obama is that he keeps babbling about high speed train travel when even the government-owned Amtrak has never made a profit since it was organized in 1971. Despite the miseries inflicted on Americans by the TSA, people still get on planes to do business in Des Moines or visit the folks in Sarasota.