I know this is gonna shock a TON of people.
Environmental reports released Tuesday show the first segment of the line in the Central Valley will cost between $10 billion and $13.9 billion, far more than the 2009 estimate of $7.1 billion.
I know I’m surprised. I had expected California to come in under budget; ’cause all such projects do, really, come in under budget.
The thing about the Liberati when it comes to central planning projects like this is that they never consider the cost. Would it be cool if I could take a train that ran on the coffee grounds I brew each morning? Ride a train that took me to a station a meager few blocks from my office?
Would it still be cool if the state had to pay $8,542 per round-trip ticket?
Still think it’s a good idea?