Re:California bullet train cost surges by $2.8B
by 1024core on Thursday January 18, 2018 @12:23AM
(#16174898)
> The real killer is that the $64B total project cost was the initial estimate. And costs are now up 77%! So we are likely north of $100B total cost.
Actually, the initial estimate was close to $100B. But when the public reacted with shock, they handwaived and said the cost would now be $68B. Just like that: poof! $32B knocked off the budget. Of course we all know that the initial cost was more accurate; and the final cost will be a lot more than $100B.
Actually, the initial estimate was close to $100B. But when the public reacted with shock, they handwaived and said the cost would now be $68B. Just like that: poof! $32B knocked off the budget. Of course we all know that the initial cost was more accurate; and the final cost will be a lot more than $100B.