What started as a $33 billion project, then recently mushroomed into a $98.6 billion project, that only one week later mushroomed into a $117.6 billion dollar project, now has another problem. This problem, no doubt, will again raise the already astronomical costs of the bullet train that Californians will not only get stuck paying for, but will probably be stuck subsidizing for almost eternity.
It now seems that the grand plan to tunnel under San Jose, California isn’t so grand after all. According to yet another study:
“We have looked at this very thoroughly and done very detailed engineering for this,” said Dan Leavitt, the authority’s deputy director, about the tunnel option. “It is not a constructable scenario for high-speed rail.”
In a nutshell this means the transportation hub in San Jose will need to be built above ground, which means that they’ll have to spend more money buying up property that they would not have had to purchase if the underground station was viable.
Meanwhile, in what appears to be a fit of delusion, instead of telling the state to shove it, the City of San Jose will continue to spend more tax dollars studying this, even though budget problems have reduced the number of police and fire personnel on duty.
The Legislature and Governor Jerry Brown also appear to be delusional about this costly and unneeded train to nowhere. It is seriously not funny that this fiasco continues to spend money needed elsewhere. California’s budget deficit is now expected to have a $13 billion budget deficit by mid-year that will cause $2 billion in automatic spending cuts, many in education.
Meanwhile, the Board of Regents of California State University, who raised tuition 15.5% last November just voted yesterday to again increase tuition by another 9%. This is a total increase in just one year of 25.5%. If you want to know what this costs students in dollars here it is:
The price of a year at CSU has risen steadily for years. Next fall, basic tuition will be $5,970. With a mandatory fee averaging $1,047 across the 23-campus system, the price will stand at $7,017. That’s more than triple what it cost in 2002-03.
It is a total shame that the State Legislature and Governor Jerry Brown don’t pull the plug on the bullet train boondoggle that continues to grow in size and cost and may accelerate putting the State of California into bankruptcy before it’s over and done with. Talk about fiddling while Rome burns, this has to be it.
The only thing green about this project is the obscene amounts of money that will be spent on a boondoggle that will only green the pockets of unions, who evidently have much of California’s government in their hip pockets.
Let’s not forget the United States debt just hit $15 trillion yesterday. How about paying bills before spending on boondoggles?
We urge you to read more of the gory details of this CO2 Insanity at the source below.
Source: San Jose Mercury News