Costs of California’s troubled bullet
train rise again, by an estimated $5 billion
Los Angeles Times,
by
Ralph Vartabedian
Original Article
Posted By: Ribicon,
2/9/2022 12:12:06 AM
California bullet train officials on Tuesday released a new draft project blueprint that acknowledges that costs have risen roughly $5 billion but seeks to address several issues that have generated blowback. The 2022 business plan estimates that the full, 500-mile, high-speed system between Los Angeles and San Francisco will cost as much as $105 billion, up from $100 billion two years ago. In 2008, when voters approved a bond to help build the railroad, the authority estimated that the system would cost $33 billion.(Snip)The recently enacted $1.2-trillion infrastructure bill in Washington offers hope for some additional funding, though nothing has been granted yet.
Reply 1 - Posted by:
DVC 2/9/2022 2:16:08 AM (No. 1066341)
A useless train from noplace to a different noplace, that nobody will ever ride.
Billions being flushed down a corrupt rathole.
13 people like this.
Reply 2 - Posted by:
Highlander 2/9/2022 5:15:50 AM (No. 1066397)
I hope sane people take over our state government before the first rail is laid! It needs to be scrapped!
4 people like this.
Reply 3 - Posted by:
Bur Oak 2/9/2022 7:15:36 AM (No. 1066468)
Trains to nowhere are very expensive due to the high cost of 'infrastructure' sometimes called graft. It would be cheaper for California and US taxpayers if plane tickets were just given away instead of building the choo choo train for instate travel.
8 people like this.
Reply 4 - Posted by:
F15 Gork 2/9/2022 7:30:33 AM (No. 1066484)
Starts nowhere, goes nowhere with nothing in between.......only in California.
3 people like this.
Reply 5 - Posted by:
Mass Minority 2/9/2022 7:31:44 AM (No. 1066487)
$105,000,000,000. Thats the cost for track. to have a 50 year return on investment, with absolutely no maintainance, fuel costs, staff, engineers trains or cars or any of the other operating expenses associated with running a 100billion dollar buiseness it would require 105 million passengers each paying $1000 per ticket, or 2,100,000 paying passengers a year. at 80 passengers per railcar (Current AMTRAK car configuration) and 2 trains a day each train would carry 2876 passengers. Each Train would be 36 cars long plus the engines and baggage cars. or roughly 3500 feet long.
Thats at $1000 per ticket, 100% capacity 365 days a year for 50 years. if overhead and operating costs are 50% (A ridiculously low estimate for this kind of operation) we will just have to raise that price to $1500, or $3000 round trip from LA to SF.
A current round trip flight from LA to SF on ORBITZ to travel this week costs $89.
8 people like this.
Reply 6 - Posted by:
hoosierblue 2/9/2022 8:30:06 AM (No. 1066548)
Who cares, if Kalifornia runs short of money, they can get it from the federal government and they can just print more money. Right?
5 people like this.
Reply 7 - Posted by:
franq 2/9/2022 9:20:20 AM (No. 1066610)
The insiders who bought land along the proposed path, then sold at a whopping profit don't care of it ever gets built. They got theirs.
2 people like this.
Reply 8 - Posted by:
Strike3 2/9/2022 9:22:22 AM (No. 1066615)
When a big stash of free money is sniffed out, the number of greased palms keeps growing and they get greedier as time goes on. Ask Boston. Ask New York. Ask Illinois. The few people left in California will never pay off the debt as the smart ones continue to leave.
This train, however, would be a perfect place to house all of the homeless in both LA and San Fran. They can keep riding back and forth and be somebody else's problem every day.
4 people like this.
Reply 9 - Posted by:
planetgeo 2/9/2022 9:57:42 AM (No. 1066657)
This "bullet train" is a classic scam. The co-conspirators were politicians who got bags full of money in campaign donations, land owners along the right of way, unions, and assorted Engineer Bill train nuts. Not only were the cost projections purposely under-estimated but the whole concept was absurd.
First, if you've ever driven the main highways (I5 and 99) through central CA, you'd instantly recall that 90% of the traffic would be passing up the bullet train in that stretch no matter how fast it was going. And the only people who would ever ride it at about $1,000 a ticket would be wealthy retired geezers. It would never come close to being self-sustaining.
Classic CA boondoggle and tax sink.
3 people like this.
Reply 10 - Posted by:
Starboard_side 2/9/2022 10:38:46 AM (No. 1066718)
I am of the belief that this train will be used to provide a place for people to live, and then commute into the areas of SF and LA to work.
After all, the cost of living in either is very high, with 1 bedroom apartments costing $3000 per month (and up).
The environmental folks have been looking for ways to remove the dairy farmers (methane from cows and use of water to grow hay), in particular, and other farming activities that use a lot of water (over 70% of all water use in CA is agriculture).
Now, build a bunch of affordable housing, but enable people to commute to work in 1 hour or 1 1/2 hours, which is about the same time if they lived closer on the crowded freeways, and you can start to see the long-range potential.
After all, they have something similar with the workforce in the Inland Empire, but commuting into Orange and LA Counties for work. Many with 1 1/2 and 2 hour commutes each way, but in a car spewing fumes and polluting the air.
1 person likes this.
Reply 11 - Posted by:
mc squared 2/9/2022 10:50:35 AM (No. 1066736)
The 'voter approved bond issue in 2008'. All we need to know.
1 person likes this.
Reply 12 - Posted by:
Kumoan 2/9/2022 2:13:46 PM (No. 1066940)
$18 Billion from Widdleton to Waddleton [repeat]
0 people like this.
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In true Pelosi style, you have to approve it before you find out what it costs. And of course, they want "federal funding." It would probably be cheaper to buy everyone a car, with enough bribe money left over to satisfy the politicians.