Quote:
Originally Posted by jmecklenborg
Have you been asleep? Inflation and interest rates spiked wildly after Covid.
Here is a relatively small project 2,000 miles away that has seen its cost almost double since 2022:
https://www.wvxu.org/politics/2025-12-19/western-hills-viaduct-cost-estimate-doubled
The busting of this project's budget has motivated zero controversy because it's a road project. Only public transportation projects get scrutinized by armchair experts.
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The cost doubled in today's dollars which means inflation isn't a factor. Obviously I'm not going to compare 2008 dollars to current money. And the reason the HSR is scrutinized is because it's so huge with such vast sums of money. The project in your link is still well under a billion dollars even after the cost increase. Obviously that's not going to get the attention of a project currently projected to cost over $120 billion.