Town Square

Post a New Topic

High-speed rail price tag rises again

Original post made on Aug 11, 2011

California's planned high-speed rail line could cost billions more than the state's initial projections indicated, according to newly released documents from the agency spearheading the project.

Read the full story here Web Link posted Friday, August 12, 2011, 12:00 AM

Comments (2)

 +   Like this comment
Posted by Spaghetti Freddie
a resident of Old Mountain View
on Aug 11, 2011 at 2:50 pm

Is there a more corrupt government endeavour than high speed rail, at any level, anywhere? Why are there no consequences for being billions of dollars off in your cost estimation?


 +   Like this comment
Posted by Steve
a resident of Jackson Park
on Aug 12, 2011 at 8:01 pm

Has there EVER been a government-related cost estimate that didn't go up? Ever? None I can think of.

The Space Shuttle, the Joint Strike Fighter (F-35), The Hubble Space Telescope, new aircraft carriers, new sky-scrapers, etc...virtually everything gets underbid. And the constant delays of years while they bicker drives costs up even more simply due to the constantly increasing cost of living.

Perhaps a law is required making estimators stick to their bids, and make up any extra costs themselves. You want to bet they won't be a little more accurate and not so generous in low-balling their estimates? I'll take that bet.

There's always a fix.


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Flirtation
By Chandrama Anderson | 4 comments | 1,585 views

Standardized Test Prep: When to Start and Whom to Hire?
By John Raftrey and Lori McCormick | 1 comment | 1,128 views

Finger Food and a Blood Lite?
By Laura Stec | 0 comments | 871 views