wish to correct a previous inaccuracy. The current projected cost of
the CA HSR is no longer $64B (up from the $33B originally put to the
voters). It is now $98.5B. It is still projected to be cheaper than the projected
alternatives because those alternatives have been continuously revised
upwards to ensure that the HSR is projected to be cost effective. Also Oceania is now at war with
Eurasia and always has been.
sorry - I just can't keep up - I mean I try, I really do, but there are
only so many times you can keep checking. They should stream the
updated projections so we don't have to keep checking back all the
time. Or maybe have some running-count billboard like for the National Debt (which is bigger than the cost of the HSR, so far). The HSR cost apparently goes up in discrete quanta of $33B every year so projecting
the projections (projections squared, I suppose) leads one to conclude
that by the time it is built, it will come to $1 Trillion allowing for
inflation. That will be okay, because by then the usage projections will have everyone in Northern and Southern California switching places daily.
This $98B revision comes courtesy of the LA Times which has the following articles:
quote: (the traffic) "claim
is based on such exaggerated estimates, misleading statements and
erroneous assumptions that it is 'divorced from any reality.'"
rail authority has rebuffed offers to have UC Berkeley, UC Irvine and
UC Davis, which have among the top five university transportation
departments in the nation, help analyze the bullet-train system." (from a representative of Burlingame near SFO)