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Originally Posted by SoCalKid
Ok fine the ballot measure campaign said $40 billion, not $33 billion. Here is the link to the original voter guide:
https://web.archive.org/web/201304130346...008/general/argu-rebut/argu-rebutt1a.htm
At the bottom, there's a link for more information on the project. At that link you can find this financing plan:
https://web.archive.org/web/201304111034...%201A%20Fact%20Sheet%20-%20Financing.pdf
My larger point though is that this project has truly had 200%-300% increase in costs, and that isn't just some conservative fearmongering narrative, it is fact and is something that should be addressed transparently. A good portion of that is because of inflation, and another big portion is because it's impossible to accurately project costs without doing a ton of design work. BUT there has also been a lot of mismanagement and politically expedient design decisions that have significantly inflated the budget. So while we should continue to fund and work on this project, we also need to use it as a case study for what can go wrong with large projects and try to improve the process for the next segments. Pretending that all the very real problems are just conspiracies or political attacks is not helpful.
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I pulled this from your link (ditto with twinpeak's comments):
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Proposition 1A is a $9.95 billion bond measure for an 800-mile High-Speed Train network that will relieve 70 million passenger trips a year that now clog California's highways and airports—WITHOUT RAISING TAXES.
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That's the part that matters most and that is really terrible that they included the no raising taxes part....like costs are gonna go up so there needs to be a way to raise funds, unless another bond and stuff. So if it's a "they said" thing and not solid language in the proposition then it really doesen't matter because what we all voted on was
this. Costs go up with large projects, I mean that's just how things work. Let's say they did something like lock-in 2008 prices for stuff....what contractor would want to or be willing to be paid at 2008 levels? That would be a huge loss for anybody.
-I don't touch the political aspects in the subforums, so there will be no argument from that side of your point.
I'd like to know how it's inflated and what the mismanagement is, since you will actually address it. As a base...of course a 2008 price tag will be less than a 2023 price tag. Does it 🞵🞵🞵🞵? Yes, but that's just how or economy and stuff works. As far as "politically expedient design decisions", well yeah that's how you convince people to support something if they won't do it on their own. A lawsuit was dropped by Burbank airport because HSR sweetened the pie for them.