The $130 billion train that couldn’t

California’s High Speed Rail is only the latest blue-state infrastructure failure - Joel Kotkin and Wendell Cox

In the annals of stupid and poorly run schemes, the California High-Speed Rail project ranks among the worst...

• When voters approved $9 billion for the plan in 2008, the California High-Speed Rail Authority estimated that it would cost $33 billion and start running by 2020 – and that was just for the San Joaquin Valley portion. 
• The cost has since ballooned to $130 billion, and no stretch is operational...

Governing Magazine, not exactly a voice for reduced public spending, traced this cost explosion to

•  “uncoordinated planning” that 
• ignored basic construction logistics 
• and bent to the knee to please political factions...