Why has transportation progressed so slowly, relative to expectations?

"What Bill Buckley once called the "hysteresis effect". When he was traveling around the world on the Concorde, some years back, he observed that–although long-haul transportation as such had gotten much faster in his lifetime–the total amount of time actually needed to get from point A to point B had not diminished proportionately, because of the increasing amount of distance (and therefore time) between the point of departure and the point of embarcation: that whereas when trains were the done thing, it took maybe 10-20 minutes to get from your front door to the station; with prop aircraft and downtown airports, maybe 30-40 minutes; with jet aircraft and "modern" air terminals, an hour or two; and that–speculatively–if there were ever hypersonic transports capable of going from Los Angeles to Tokyo in 45 minutes, it would take three to four hours at each end to travel to and from the spaceport…"