It will soon be nine years since high-speed rail was passed in California. But Californians haven’t gotten the high-speed rail system they were promised. Instead, high-speed rail has taken a new form: it is more expensive and smaller in scope, and it will substantially increase traffic congestion in urban areas.
High-speed rail will cost Californians billions of dollars. In urban areas, increased traffic may cost Californians billions more. Its business plan relies on unrealistic ridership projections. The project is devoid of private funding because businesses see high-speed rail as likely to run at a loss. While high-speed rail wastes more taxpayer dollars, the private sector makes it obsolete with technological innovation, which will reduce future income from the high-speed rail system. High-speed rail authorities have violated federal law by making significant changes to the proposition approved by voters. High-speed rail has not been the success voters imagined when the bill passed..... To Read More....
High-speed rail will cost Californians billions of dollars. In urban areas, increased traffic may cost Californians billions more. Its business plan relies on unrealistic ridership projections. The project is devoid of private funding because businesses see high-speed rail as likely to run at a loss. While high-speed rail wastes more taxpayer dollars, the private sector makes it obsolete with technological innovation, which will reduce future income from the high-speed rail system. High-speed rail authorities have violated federal law by making significant changes to the proposition approved by voters. High-speed rail has not been the success voters imagined when the bill passed..... To Read More....
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