by Dan Mitchell | Mar 14, 2024 | Blogs
California voters made a terrible mistake back in 2008 when they narrowly approved a referendum for a $33 billion high-speed train between San Francisco and Los Angeles. Opponents said the project was a boondoggle and they made several predictions. It will...
by Dan Mitchell | May 19, 2012 | Blogs, States
I’ve explained before that “high-speed rail” is a boondoggle, and I’ve also posted a thorough presentation on the topic from the folks at Reason about this issue. But some politicians can’t resist throwing good money after bad on these money-losing schemes. The latest...
by Dan Mitchell | May 16, 2011 | Big Government, Blogs, Government Spending, Government Waste
It’s 45 minutes long, but this video from the folks at Reason TV is filled with good information on the foolish ideas of central planners who want to control our transportation. You’ll learn in the first half of the video, for instance, how high-speed rail is like...
by Dan Mitchell | Apr 23, 2011 | Big Government, Blogs, Government Spending, Government Waste
It’s not too surprising to learn that spending money on “high-speed” rail is foolish. And it’s hardly a revelation to learn that politicians over-promise and under-deliver when they push through these boondoggles. My Cato colleague, Randall O’Toole, has written...