Thursday, October 27, 2022

California's Slow-Speed Train to Fiscal Oblivion | The Pipeline

California's Slow-Speed Train to Fiscal Oblivion | The Pipeline
"They don't call it the Golden State for nothing.
  • Late last week came news that even California progressives recognized as a sign of peak nonsense in the Golden State’s gold-plated misgovernment: San Francisco was beginning the planning process to build a single-toilet public restroom at a cost of... $1.7 million. Even Gov. Gavin Newsom, embarrassed by the publicity for this absurdity, has demanded the state funding be revoked. 
  • ...the proposal to link California’s two major metropolitan areas with high-speed rail was finally launched in 2008 with a ballot initiative providing an initial $9.9 billion in bonds for the project that ludicrously claimed would only cost around $33 billion to complete.
No one under the age of reason believed that cost estimate...

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