California’s High-Speed Train Wreck
“I don’t think you could dream up a bigger boondoggle than this, even if you tried.” “But the problem is everyone’s hand is now in the cookie jar . . . and they’re buying off every lobbyist and consultant that they can in California, so the corruption has reached a whole new level.”
Philip Klein at The Heartlander
EXCERPTS:
Though logic would suggest it would make sense to kill the project altogether, if the state were to do that, it would have to forgo $3.5 billion in stimulus money that’s already been directed to it.
The initial 130-mile stretch of the system is supposed to be built in the less-inhabited Central Valley at a cost of $8.8 billion, partially funded with stimulus money.
But that would only pay for the tracks themselves, which won’t even be running high-speed trains until more of the system is built. According to the San Jose Mercury News, taxpayers would be paying to “provide a 45-minute shortcut for the 3,000 riders on Amtrak’s San Joaquin line.”
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