High-speed rail: "Delusional"
Graphic from the Antiplanner |
San Jose Mercury
News editorial
|
There is a fine line between visionary and delusional. California's high-speed rail project whizzed across that line long ago and now is chugging toward the monorail station at Fantasyland.
The latest end-run tactic by the train's
chief engineer, Gov. Jerry Brown, would have California's Legislature suspend
its tough environmental laws so the state could put this pet project on the---pardon the pun---fast track.
Never mind that every independent analysis
has been highly critical of it.
Never mind that the nonpartisan Legislative Analyst's Office said even the new, new, new and improved incarnation still is
not nearly "strong enough" and relies on "highly speculative" funding sources.
That is bureaucratese for "not a snowball's chance in hell of finding the money
to pay for it."
Never mind that the state's projected budget
shortfall is now greater than the total budget of 39 states and that the debt
service on the sale of these rail bonds would create another fiscal chasm to be
filled by another cockamamie budget gimmick.
Never mind that the new, new, new plan bears
so little resemblance to the one voters approved that going ahead with it now
borders on ballot fraud.
Never mind that poll after poll---including
a USC Dornsife/Los Angeles Times poll released June 2---has shown that a strong
and growing majority of voters does not want the state to proceed with the
project.
Nope, none of that matters. Casey Jones is at
the controls of his legacy project, so reason and fiscal prudence have been
abandoned on the far side of the turnstile.
We say all this despite having supported
high-speed rail when it was on the ballot in 2008. Rail is important to
America's future, and we know the first steps toward any visionary plan face
hurdles and may require leaps of faith.
But back then nobody foresaw the economic
plunge that still leaves California mired in budget deficits. We lost faith in
the original board and its planning and construction team. Then last year an
updated plan with wildly higher costs for a smaller system sent us leaping to
the sidetrack. (Oopsie, did we say $45 billion? We meant $98 billion. No, no,
wait, $68 billion. Well, you know, around there. Did we say San Diego and
Sacramento would be included? Um, our bad, they're not.)
How can anyone believe a word of what comes
from the High-Speed Rail Authority now? As to Brown's legacy, he still has to
get his tax plan approved in the fall. If voters perceive high-speed rail as a
waste of money, they will be more dubious of taxes.
This is like a family that is deeply in debt
choosing to finance a $120,000 new Tesla because it runs on electricity and will
create jobs for a time at the Fremont plant. Besides, you know, the bank gave us
a really good interest rate.
That makes no sense. Neither does going ahead with high-speed rail in California. The Legislature needs to stop it if the governor won't.
On High-Speed Train Talk, Martin Engel methodically monitors the high-speed rail project.
For in-depth analysis of every aspect of the boondoggle, the Community Coalition on High Speed Rail is best.
Mark Powell does good work on Against California High Speed Rail.
Labels: High-Speed Rail