Flamma
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My guess is that it's too expensive to build and maintain. Think about it, if you have a business that gets people from point A to point B, you're going to do what makes you the most money. Even if you can fund something that gets people there 5 times faster, why would you do it if you'd be making less?Good point about the bullet trains.
Never have understood why the US does not have that type.
Who knows maybe someone like Amtrack blocks that kind of thing.
But it is curious how European and Asian areas have these trains that are so efficient and great for traveling long distances. Yet we do not have that type of thing. Have no clue of the quality of train services like Amtrack anymore, although it does seem like they have quite a few wrecks over the years. Grey Hound lines are the only other cheaper long distance travel options and I do not know if they are cheap anymore. I do know the last time I was on one in 91 or so headed to a duty station....it was nasty and very sketchy.
Think of air travel. Supersonic jets are by far better to cross oceans. Concorde was around for awhile. If it was profitable we'd see more supersonic airliners.