The Los Angeles Times has a report today that California’s bullet train may cost 50% more than initially thought…and that’s in the “easy” section to build (in California’s flat Central Valley). It’s now estimated to cost somewhere between $9.5 to $10 billion (rather than the initially budgeted $6.4 billion).
I’ve written about this train before. The train makes no sense; if the train is completed (a dubious assumption), how many people will use it when you can fly between Los Angeles and San Francisco for less than $100 in one hour?
Meanwhile, Governor Jerry Brown is telling Californians that the state is likely running a budget deficit. An obvious solution—but one that will not happen in the
Bronze Golden State—is to end the train to nowhere.
I remain quite happy to no longer be a taxpayer in California.