Warren Meyer points out that the website of the proposed California high-speed rail bond says that the thing will generate 450,000 permanent jobs, which is an amazing thing when you consider that all of U.S. rail employs about half that many right now.

Leaving aside your (quite correct) “principle” points, If they’re going to use THAT many people, Billy, you can pretty much figure the operating costs of the thing are going to be off the ceiling at the off.  I don’t think they’re lying abut that figure, though.  No question that I could see them going that high, given unions and government put together always equals around 75% waste of money and time. I fail to see how that’s a benefit, however. I mean… you think the taxes are high out there now?

Wait. Just wait.

I suspect the high speed rail will be a project most will use only once… in leaving the state.

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