HSR is an infrastructure project and the private sector industry that has been hit particularly hard is construction. Building HSR in California would immediately increase jobs and reboot our economy. Jobs would be created operating the system, but we would lose a lot of construction jobs when it's over. I do agree the ridership estimates are a bit high, but once a system is available, more people will use it. People wouldn't want to go to LA before, but when the option is open, it's possible a lot more people would travel back and forth between hear and SoCal.
Something that would be bad in this area would be a crash. There was a large crash in Italy about a month ago that injured and I think killed some people. That would be disastrous for our area. It may be better to have the train go to San Jose for now, and when funding comes up, we can have a tunnel up the Bay Area.
HSR will be great for the Bay Area, but we must be very careful how we do it. There must be forethought so no huge accident happens that could jeopardize HSR all around the United States. Now that would be REALLY bad.