Dan Walters in the Sacramento Bee asks:
Is this the time to launch construction of a high-speed railroad line between Northern and Southern California that will cost at least $40 billion, much of it from bonds to be repaid from a state budget that’s already gushing red ink?
Yes, say its fervent advocates, contending that a bullet train, similar to those in Europe and Japan, will reduce air and auto congestion, reduce greenhouse gases and generate many billions of dollars in economic benefits.
Dan Walters then throws all the complaints about the California HSR project he can find into a big pot, and stirs. Underneath the individual “points”, lies the main New Hooverist thesis … in hard times, we cannot afford to invest in the future.