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This Is How California Defines High-Speed Rail “Success”

Our CTUP senior fellow Wendell Cox probably knows more about the economics (or rather the lack of it) of high-speed rail than anyone in the country. He’s been warning for years on these pages that the California high-speed rail project may be one of the greatest boondoggles of all time. The losses are going to be in the tens of billions of dollars for a railroad that almost no one is going to ride.

Hundreds of millions have already been spent and the cost estimates keep escalating. So far, nearly ALL of the taxpayer dollars have disappeared into a cesspool of bureaucratic waste.

Now they are boasting that they did build this one 1600-foot bridge. We are all familiar with the saying that every journey begins with a single step, but this is ridiculous.

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