I don’t see it going anywhere. There are far better ways to spend Californian’s scarce transportation dollars than to waste it on a White Elephant project no one alive today will ever get to ride. California’s political class is out of touch with the popular mood.
If CA Citizens have any sense of humor, they will vote for MORE tax increases, then promptly move to another state.
Let the illegals foot the bill for more taxes.
California voters might be achieving fiscal sanity ?
Might ? I for one no longer care nor do i think about what Californians think or do . California should be treated as a disease so that what happens there does not spread . Nothing more.
I’ll say it again: it’s high-school math to show that it is absolutely financially impossible.
$99B (just to build the tracks and stations) paid off over 30 years at 5% is a monthly payment of $526 million, i.e. $6.3 billion per year.
Divide that by the estimate (i.e. “guess” or more likely “hope”) of ridership of 37M trips per year (http://www.mercurynews.com/california-high-speed-rail/ci_19241126) and you come up with a cost of $161 per rider per one-way trip. Same-day JetBlue business class, plus taxi at each end, anybody? No, EVERYBODY, for thirty years.
Again, that doesn’t count fuel, advertising, turning on the lights in the station, or hiring anybody to run the damn thing.
John and Ken on KFI have discovered that the first portion of this “high speed rail” is not high speed at all. It’s just regular rail - not electrified to be high speed. The train to nowhere!
It should’ve never passed the first time!