68 billion dollar high speed rail from LA to San Fran... (Orange: construction, live in)
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Private will do half of the Northeastern , Midwestern & all of the Texas Network will be built privately aside from some Key upgrades in New York and Chicago that need to be done before Private starts their lines. Shame Cali couldn't do the same....probably those wacky regulations...
Northeastern High Speed / Intercity Network Size : 2,280 Mi+ (4,222kms)
Lines : 2 trunk lines + with 10 Feeders
Stations : 150+ (Feeders factored in)
Projected Ridership : 127 Million a year or 350,000 daily (Feeders factored in)
Current Acela Revenue : 480 Million $
Future Northeastern Network Revenue : 6 Billion $
Economic & Real Estate Boom Generated : 860 Billion $
Top Speed on Trunk lines : 220mph (350Km/h)
Top Speed on Secondary / Feeder lines : 125mph (201Km/h)
Cost : 120 Billion $ (2040 $ inflation factored in)
Completion Date : 2045
California High Speed Rail Network Size : 800+ Mi (1,300kms)
Number of lines : 6
Stations : 25+
Projected Ridership : 95 Million a Year or 260,730 Daily
Revenue : N/A
Economic & Real Estate Boom Generated : 540 Billion $
Top Speed : 220mph (350Km/h)
Cost : 68.5 Billion $
Completion : 2050
Midwest High Speed Rail Network Size : 1,800 Mi+ (1,296Kms)
Stations : 76+ (Feeders factored in)
Lines : 6+ with 7 Feeders
Projected Ridership : 43 Million a year or 120,000 daily (Feeders factored in)
Revenue : 2.2 Billion $
Economic & Real Estate Boom Generated : 230 Billion $
Top Speed on Trunk lines : 220mph (350Km/h)
Top Speed on Secondary / Feeder lines : 125mph (201Km/h)
Cost : 70 Billion $
Completion : 2040
Texas High Speed Rail Network Size : 680 Mi+ (1,259kms)
Stations : 15
Lines : 5
Projected Ridership : 18.5 Million a year or 55,000 Daily
Revenue : N/A
Economic & Real Estate Boom Generated : 140 Billion $
Top Speed on Trunk lines : 220mph (350Km/h)
Cost : 15-35 Billion $
Completion : 2030
Cascadia Corridor Size : 407 Mi (753km)
Stations : 11
Lines : 1
Projected Ridership : 12.8 Million a year or 35,000 Daily
Revenue : N/A
Economic & Real Estate Boom Generated : 60 $ Billion
Top Speed on Trunk lines : 170mph (273Km/h)
Cost : 20 Billion $
Completion : 2035
Taken from MWHSR , CAHSR and AMtrak Next gen sources and other sources
You are posting from Minneapolis, I'm guessing by screen name?
Not to worry about the rest of the country's tax dollars being spent in California ... California receives far less in government spending than it sends in revenue to the feds ... it is a net contributor to the nation's economy ... thus, even now in hard times, it is supporting a lot of federal spending in [mostly Red] states that contribute less than they get back.
California shouldn't get it's share of federal dollars because it has such nice weather perhaps?
So the answer to the dilema is obvious. Put the state even further in hock for billions it doesn't have and our grandchildren's great-grandchildren will be paying for.
So the answer to the dilema is obvious. Put the state even further in hock for billions it doesn't have and our grandchildren's great-grandchildren will be paying for.
And how long will it take them to pay for the Iraq war? I don't recall hearing about succeeding generations having to pay for that. Put it in perspective: it's a little over $1,600 per Californian. I doubt the grandchildren's great grandchildren are going to be left paying a dime. I think we paid off our WWII debt (which as a percentage of GDP was huge in comparison) before I was born. Other countries less wealthy than ours are making bigger investments in these kinds of things. By the way, what is the Pentagon's annual budget and why aren't you whining about that? At least we can ride the trains, unlike all those military ships and planes people don't seem to mind us building.
So the answer to the dilema is obvious. Put the state even further in hock for billions it doesn't have and our grandchildren's great-grandchildren will be paying for.
And how long will it take them to pay for the Iraq war? I don't recall hearing about succeeding generations having to pay for that. Put it in perspective: it's a little over $1,600 per Californian. I doubt the grandchildren's great grandchildren are going to have to pay a dime. I think we paid off our WWII debt (which as a percentage of GDP was huge in comparison) before I was born.
1. What CAVA1990 said
2. I never expressed support or opposition to the high speed rail project ... I merely said: not to worry if California did get some federal support for the project ... California is as entitled to federal money as much as any other state ... and perhaps a bit more so than many ... due to the fact that California gives the feds more dollars than it gets back -- unlike many other states, which California is thus supporting ...
Get it now?
Having a cranky day are we, Chief? I have those ... ... speaking for myself, I love prunes ...
Shouldn't that 68 billion go on reducing CA's debt? I never thought I would be saying this, being a CA native, but I think it's time for me to look at other states to live.
No ... $68 billion should be invested in whatever stimulates the economy to regain its robust ability to pay for itself in the future, through whatever can best serve the infrastructure for the state's future ... whether HSR is such a good project to fit that purpose remains to be seen ... I dunno.
Minnesota is not a red state and gets far less percentage wise the california I'm sher. Nobody cares about little old minnesota anyways. I thought sometime back california was asking the government for money because it was so far in debt. Minnesota takes care of its self. I also understand that california has a huge population to take care of and thus has more problems to deal with. I support high speed rail but california has not the money and this is not the time.
Minnesota is not a red state and gets far less percentage wise the california I'm sher. Nobody cares about little old minnesota anyways. I thought sometime back california was asking the government for money because it was so far in debt. Minnesota takes care of its self. I also understand that california has a huge population to take care of and thus has more problems to deal with. I support high speed rail but california has not the money and this is not the time.
Well perhaps if people had been asked to pay more in federal taxes when times were good there'd be the money to spend now when times aren't so good. Instead the government encouraged us to spend it all then in the private sector on things like real estate. How'd that work out? Maybe during the next boom we'll be more responsible.
The Northern and Western States or 70% of the nations economy feed more into the Feds , the Southern states which are mostly poor and bottom feeders take more from the feds. Although this trend is changing , ive noticed over the last year that the Northern and Western states have been getting more money mainly rejected funding form the south. But Still both regions are owed at least 2.6 Trillion in backed up spending. The South over the past 15 years has gotten close to 900 Billion from the Feds , while the rest of the US has to fight over 500 Billion even though we pay more into the Feds.
Shouldn't that 68 billion go on reducing CA's debt? I never thought I would be saying this, being a CA native.
You'd think they would, wouldn't you? But nope. As usual, stick their head in the sand, pretend that pensions aren't draining the system and spend federal and state money for this. And this is only the first leg of the system. 130 mile stretch between Merced and Bakersfield. They'll have to acquire more money to complete the project. More drain on California taxpayers. At this point, I can't even blame the legislators for this. The lack of attention voters are paying to what's happening in California is mind-boggling. Have they been in the sun too long?
Quote:
but I think it's time for me to look at other states to live
You and me both.
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... speaking for myself, I love prunes ...
