Posted on 02/09/2022 5:41:24 PM PST by dynachrome
California bullet train officials on Tuesday released a new draft project blueprint that acknowledges that costs have risen roughly $5 billion but seeks to address several issues that have generated blowback.
The 2022 business plan estimates that the full, 500-mile, high-speed system between Los Angeles and San Francisco will cost as much as $105 billion, up from $100 billion two years ago. In 2008, when voters approved a bond to help build the railroad, the authority estimated that the system would cost $33 billion.
In its latest blueprint, the California High Speed Rail Authority abandoned a plan to save money by building only a single track for an initial 171-mile operating system between Bakersfield and Merced; instead, it plans to build a two-track system.
(Excerpt) Read more at cnbc-business.com ...
And I assume Boston needed the Big Dig. This is absolutely not needed, just the most expensive virtue signaling project in the world.
22 billion for a train from Bakersfield to Merced. Sounds like a great idea.
The route can't realistically go over, through, or around the Tehachapis.
Even if it could, nobody wants to ride it.
There are scams and the big cons...
...and then there's the "high speed rail".
Look for the union label.
I seem to recall that Trump pulled the plug on handing California federal money for this boondoggle, but they got it reinstated later.
All Trump wanted was $5 Billion for a decent wall to secure our entire Southern border.
The definition of sunk cost fallacy.
Absolutely. The biggest boondoggle in history.
*It will never be completed.
The route can’t realistically go over, through, or around the Tehachapis.
Even if it could, nobody wants to ride it.*
You may just bright on the Tehachapi’s.
There is something to be said about avoiding construction along the proposed route so that perhaps some day it does become feasible.
It's a good thing it's only money we are talking about.
By the way, Where is Willie Green when you need him?
The secret plan is to wait until the Big Earthquake hits either the Bay Area or the LA Basin—and then blame it for failure to complete the project!
AKA The Brown Streak.
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