Let me tell you something. The train-to-nowhere may seem expensive, but it’s nothing compared to the cost overruns on homelessness or any of the other social policy stuff. And when it comes to infrastructure, if you want expensive, ponder the cost of jettisoning every reliable and affordable energy source in favor of garbage solar and wind, and then forcing everyone to buy e-cars that plug into the grid.
The train-to-nowhere is just the most obvious example of corrupt dysfunction because its scope is small enough to measure. And what’s another $5 billion thrown on the fire?
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.
What’s $5 billion when you started out with $33 billion, and you passed $100 billion, and there’s no actual train.
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.
It was $98 billion in 2020 apparently anticipating Bidenflation. But still cheaper than the cost of gas in California. Or dinner at the French Laundry.