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California HSR, why was it approved?
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<p>[quote user="MidlandMike"]</p> <p> <blockquote> <div><img src="/TRCCS/Themes/trc/images/icon-quote.gif" /> <strong>Bucyrus:</strong></div> <div></div> <p> </p> <blockquote> <div></div> <div> <div style="clear:both;"></div> <p> </p> </div> </blockquote> <p> </p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-family:verdana,geneva;"><span style="font-size:small;">Yes, if you can believe it, coming from people who want to spend the money on rail as a starting proposition.</span></span></p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-size:small;"><span style="font-family:verdana,geneva;"><span style="font-size:small;"> </span></span></span></p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-size:small;"><span style="font-family:verdana,geneva;"><span style="font-size:small;">Serving the public good, spending money now to avoid spending more in the future, buying rail to save money on highways—these things can be platitudes to serve as pretexts to keep the ever-expanding government gravy train rolling forward.</span></span></span></p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-size:small;"><span style="font-family:verdana,geneva;"><span style="font-size:small;"> </span></span></span></p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-size:small;"><span style="font-family:verdana,geneva;"><span style="font-size:small;">The people who are served by these platitudes have even been able to convince themselves that spending money is the way to accumulate wealth.<span style="mso-spacerun:yes;"> </span>They tell us they will spend their way out of financial burden.<span style="mso-spacerun:yes;"> </span></span></span></span></p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-size:small;"><span style="font-family:verdana,geneva;"><span style="font-size:small;"> </span></span></span></p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-size:small;"><span style="font-family:verdana,geneva;"><span style="font-size:small;">This California project is so large that it will sink under its own weight of cost overruns.<span style="mso-spacerun:yes;"> </span>That is the critical mass that all public projects must struggle to avoid.<span style="mso-spacerun:yes;"> </span>That critical mass is like a black hole.<span style="mso-spacerun:yes;"> </span>The more money you throw at it, the more money it swallows.<span style="mso-spacerun:yes;"> </span>And the more it swallows, the harder it is to abandon it and cut the loss.<span style="mso-spacerun:yes;"> </span></span></span></span></p> <p class="MsoNormal" style="margin:0in 0in 0pt;"><span style="font-size:small;"><span style="font-family:verdana,geneva;"><span style="font-size:small;"> </span></span></span></p> <p><span style="font-size:12pt;mso-fareast-font-family:'Times New Roman';mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA;"><span style="font-family:verdana,geneva;"><span style="font-size:small;">This project is so large that it starts already beyond that critical mass.<span style="mso-spacerun:yes;"> </span></span></span></span></p> <div style="clear:both;"></div> <p> </p> </blockquote> </p> <p>Legislatures hear from highway departments, airport authorities, etc, so if the figures were way out of line, don't you think they would have heard about it? Maybe they want to try something different that should take up less valuable real estate. As for a government spending on transportation just to keep a gravy train rolling, can you point out a state that has built more infrastructure than what is actually being used.</p> <div style="clear:both;"></div> <p>[/quote]</p> <p><span style="font-family: verdana,geneva;"><span style="font-size: small;">Minnesota would be one such state, but that is only the one I am most familiar with. But whether or not new infrastructure is being used is not the full measure of whether it is needed, or was the best choice of infrastructure. The money spend for the Hiawatha LRT and North Star Rail would have provided more bang for the buck if it were spent on highway improvement. </span></span></p> <p><span style="font-family: verdana,geneva;"><span style="font-size: small;">Regarding California, I am not really speaking of a dynamic that is only concerned about figures being accurate. I am talking about the whole pull of the process. If it was only a matter of accurate figures, there would never be cost overruns. </span></span></p>
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