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California to pull plug on $77 billion bullet train, cites ballooning costs...AO

Avatar for shadowcat
shadowcatAtlanta suburb

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Avatar for Warrior15
Warrior15

I wonder how much money has already been spent on the stupid thing. The article does not state that. Way to go Jerry Brown.

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Avatar for mark94
mark94

At the heart of all these insane spending ideas is a belief that a dollar spent by government will generate many dollars of growth in the real economy.

It also provides an opportunity for graft for those with the right political connections. A Billion dollar public works project will generate a million dollars of campaign contributions and speaking fees for the politicians who vote for it.

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Avatar for JamesSD
JamesSD

And yet we can still afford to subsidize Red States and run a surplus.

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Avatar for Uprightcitizen
Uprightcitizen

...and the legislature in California bankrupted their largest public utility with absurd liability claims for destruction of property related to wildfires. Good luck with all that...oh yea and the citizens will carry the freight for these liabilities. The money to provide a basic public service has to come from somewhere...

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Avatar for Warrior15
Warrior15

Yeah, they had a surplus for one year. So do they pay down part of that $1.3 trillion of debt ? No, they come up with new ways to spend it.

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Avatar for jackslash
jackslash

China has great electric trains that are smooth and quiet and travel at 300 KPH. But I think California should look at the hyperloop instead.

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Avatar for skibum609
skibum609

The idea that Bliue states subsidize red sates is pathetically stupid and based on a statistic that doesn't exist. California is an economic basket case. They are trillions upon trillions in debt and because in just one year they don't spend everything in their budget, they think they somehow support us. If you assholes support us why were you going to secede when Trump one but had to =bend over and spread your ass cheeks to beg for federal money when your pathetic dams failed? You're rich. Fix your infrastructure yourself assholes. Pay your fucking debt. A state filled with illegals ain't worth shit.

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Avatar for founder
founder

As a future ex-Californian, I have to say FINALLY! With 5 major airports in the LA area, and at least 3 in the Bay Area, I see NO reason for a bullet train. Flights between the two are plentiful and inexpensive. Spend the Bullet Train money to enhance the airports.

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Avatar for skibum609
skibum609

Spend the bullet train money on paying down your debt because we don't pay for foreign countries than cannot manage money.

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Avatar for founder
founder

+1 for SkiBum (ya racist) ;)

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Avatar for skibum609
skibum609

lmao

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Avatar for founder
founder

No worries... I have less than ZERO desire to go north of Santa Barbara.

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Avatar for TJ Lee
TJ Lee

Will this express train go to border with TJ?

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