Re: "best in the US"
Long distance passenger service was discontinued when first-class mail moved from rail to air.
US post office had contracts for transport of mail, requiring fast, regular, high-priority trains between all major centers, including trans-continental. Passengers were just gravy. When the mail contracts were lost, passenger services stopped within days.
Light rail and local-rail built-out also extensive, and was funded out of real-estate development. It was not built for 100 year life (as some heavy-rail developments were), and when it reached end-of-life, and needed re-capitalization, decisions had to be made. It's fair to say that a transport system associated both with real-estate speculation and exploitative railway barons did not have any friends at the time (my ancestor's home-town government was proud of killing the light-rail system for that reason), but the re-capitalization costs for light-rail were greater than for road busses anyway.
That's not to say that the running costs for Bus systems were less than those for Light Rail, although that argument has certainly been made. American government generally, and even more so local government, has been and continues to be notorious for choosing deferred costs over capital costs.