California's High-Speed Dream Derailed
Published on January 22, 2020
The failure of California’s high-speed rail project demonstrates that everyone loses when politicians make promises they can’t keep. What was supposed to be a cost-effective infrastructure project has turned into a multibillion-dollar disaster, failing to achieve its initial goals while still costing many times its promised price. California’s experience teaches many lessons about the true cost and likely experience with large-scale transportation projects.
- What can taxpayers learn from California's high-speed rail project?
- How often do large infrastructure projects come in at cost or under budget?
- Read “A Closer Look at the Left’s Agenda: Scientific, Economic, and Numerical Illiteracy on the Campaign Trail” by Michael J. Boskin, available here:
- Read “California Dreamin’: Of Bolder Leaders Unafraid to Challenge the Vested Interests Running the Golden State—And Ruining Its Future” by Michael J. Boskin, available here:
- Read “California’s Bullet-Train Fiasco Continues: $20 Billion for 120 Miles?” by Lee Ohanian, available here: