I mean, does the population density in the US support bullet trains? I know that both Japan & China for example have large population density within each city (whether you live in Osaka heading for Kobe or from Shanghai to Beijing, you get the picture) plus the governments of both countries invest heavily on the infrastructure including maintenance.
Distance is another factor between destinations, like from Nagoya to Kyoto it’s only 130km (80mi) and the commute by bullet train is 33 minutes while from New York to DC it’s 226mi taking you 4 hours by car but via bullet train, the commute time is less than it would be from driving alone. The cities in Japan are closer to each other by comparison.
China is a large country (not big as let's say like Russia in terms of land size) alongside varying topography and climates (they can still install tracks in uneven terrain but adjusting how they are installed), although their population is larger than the US (they have about more than 1.4 billion people as a country while the US is about 348 million).
The taxes work differently across countries, like in both Japan & China: they have the funds gathered from taxation allowing them to maintain constant upkeep or make further improvements. Well, what does the US government spend their taxes on? That in itself also lies the question whether the taxes citizens are already paying are worth it.
Taxes exist in all countries regardless, as governments need funding to maintain and improve infrastructure, roads, schools, hospitals, etc. The real question is: how is the government using that money? For example, in Japan the reason why public transport is considered reliable is due to their government using people's taxes for upkeep & bullet trains.
There are a few different reasons why.
There is high speed rail called Brightline in Florida between Miami and Orlando, with the longest segment operating at 125 mph (200 km/h), and some of the more populous segments operating at 110 mph/180 km/h or 80 mph/130 km/h. It tries to manage those tradeoffs on all new track dedicated to it. But the company is struggling to make money.
There's a whole saga in California in that the proposed high speed rail project is decades behind and still bogged down, and has examples of all of these problems. The route it takes to connect the two largest cities on the coast (Los Angeles and San Francisco) goes through the inland central valley, to service a bunch of other cities in between. Bizarrely, phase 1 of the project will only serve the relatively low density, low population cities in the Central Valley, without connecting either San Francisco or Los Angeles. Some segments are to share rail usage with lower speed trains, complicating scheduling and risking delays. The environmental debates have slowed things down, as well.
Watch what happens in Texas with its proposed high speed line (bogged down in political infighting), Florida (see above, already built and operational, but facing serious financial concerns about its ability to continue), and California (see above).
I think we'll eventually see some projects push through, especially if jet fuel gets more expensive than electrical grid power. But for now, America is uniquely hostile to passenger rail, and increasing high speed offerings isn't necessarily going to induce enough demand for these projects to become economically competitive with other forms of intercity transportation.
Property. High speed rail requires property. And while an easement for standard rail is easy enough to negotiate or eminent domain, the impact to land is much less. The grade separation required for high-speed rail makes it effectively like building a river across people's land.
Competing with air - within each region fast trains beat planes easily, and also drop their passengers right in town.
Planes still win between regions, but even there where the time difference is close trains often win due to higher comfort and convenience
I will always choose to take a train over a plane when traveling. The check-in and boarding is easier and less time-consuming, there's more personal space in the seating, and I get to check out the views on the journey.