Re:California bullet train cost surges by $2.8B
by product50 on Wednesday January 17, 2018 @09:02PM
(#16174020)
If in fact the $64B could be spent on your proposals, you have a point. Otherwise, it is better to spend the $64B in this landmark project vs. it being diverted somewhere else where neither you nor me could figure out what happened to it. This is a landmark project - let it happen. Your future generations will thank you.
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Re:California bullet train cost surges by $2.8B
by bmmayer1 on Wednesday January 17, 2018 @09:05PM
(#16174033)
Except maybe the $64B doesn't need to be spent at all and can be returned to the taxpayers. The point OP was making is that it's unnecessary to build HSR because there's an existing company (several actually) that provides the same service at a fraction of the price, at no cost to the taxpayer.
Re:California bullet train cost surges by $2.8B
by product50 on Wednesday January 17, 2018 @11:42PM
(#16174756)
The fact of the matter is that those $64B will not be returned to the taxpayers and will probably be diverted to other less relevant projects.
Re:California bullet train cost surges by $2.8B
by bmmayer1 on Thursday January 18, 2018 @10:22AM
(#16177716)
Actually infrastructure projects like this (and including this one I believe) are usually paid for with bonds which means id the project doesn't happen, the money is never borrowed in the first place.