"Jaw-Droppingly Shameless:" Mother Jones on California High Speed Rail Projection

Kevin Drum of Mother Jones reports on the highly questionable "cost of alternatives" that has been routinely repeated by proponents of the California high speed rail project, in an article entitled "California High Speed Rail Even More Ridiculous than Before."

The mantra goes something like, "yes high speed rail is expensive, but it would cost even more to not build it." Yes, indeed, it is expensive, starting at the low estimate of $98.5 billion the press and proponents usually cite to the nearly $118 billion that the California High Speed Rail Authority itself indicates. Advocates then cite a $171 billion figure as what Californian's would have to pay if they didn't build the line.

Joseph Vranich and I detailed the flaws in this "alternatives estimate" in a Wall Street Journal commentary on January 10 ("California's High Speed Rail Fibs"). We noted that the claim "sets a new low for planning projections in a field that has been rife with abuse." This was a reference to "strategic misrepresentation” ("lying") that has characterized rail project forecasts, according to top European academics.

Drum goes further, calling the claim "jaw-droppingly shameless," an appropriate characterization based upon the method and documentation. He goes on to suggest that "A high school sophomore who turned in work like this would get an F."

Regardless of the views that officials or the public may have on high speed rail, they are entitled to a standard of professional (and taxpayer financed) analysis above "jaw-droppingly shameless."

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

in thẻ nhựa

These findings suggest the current policies of the Federal Reserve and its Chairman, in thẻ bảo hành Ben Bernanke to keep interest rates low in order to stimulate this key part of the U.S. economy are right on target. If home builders and sellers can in thẻ nhựa tailor their offerings to these technologically sophisticated, family-oriented potential buyers, Millennials could well play an important role in reinvigorating the in thẻ vip nation’s housing market, further spurring the nation’s recovery from the Great Recession.

My spouse and I stumbled

My spouse and I stumbled over here coming from a different website and thought I should check things out. I like what I see so i am just following you. Look forward to exploring your web page repeatedly. - sprei murah

abc

The collapse of the housing market that triggered the Great Recession also has made Millennials sophisticated, knowledgeable consumers when making decisions about how and when to purchase a home. quang cao google Rather than thinking they should buy a home as soon as they get married or qualify for a mortgage, seventy percent of BHGRE’s respondents said the time to buy a house is when a person can “afford it and maintain their lifestyle

Belgravia Villas is a new

Belgravia Villas is a new and upcoming cluster housing located in the Ang Mo Kio area, nested right in the Ang Mo Kio landed area. It is within a short drive to Little India, Orchard and city area. With expected completion in mid 2016, it comprises of 118 units in total with 100 units of terrace and 18 units of Semi-D. Ang Mo Kio Cluster House

those high speed rail

those high speed rail projection is really questionable.. but I guess that's the taxpayers money and should be observed carefully.. sedia power cadangan murah bagi setiap orang

then quickly logical

I really loved reading your blog. It was very well authored and easy to undertand. Unlike additional blogs I have read which are really not tht good. ffreeslott.com

I have to admit that overall

I have to admit that overall I am really impressed with this particular site.You can easily see that you are enthusiastic about your writing. If perhaps I’d your writing ability I anticipate more updates and will be returning.
Visit Website

http://www.diy-link-building.

http://www.diy-link-building.com | http://www.highprbacklinkspanda.com | http://www.seo-optimization-services.com Hi this is Michael Micheli and I'm planning a trip on my bike too, living San Francisco California to Argentina, and mi to traveling on a low buget camping I'm Original from Argentina so Ablo Espanol, I'm flexibol on time, I love to take my time thinking to cross New Ladero lest keep in touch.

paddlewithapooch One would

paddlewithapooch One would not be able to visualize the extraordinary product of time folks have used as recreation into this system.

http://pandawhitehatseo.com

http://pandawhitehatseo.com | http://seowebdesigndelhi.com | http://seopandatips.com | http://seopandatricks.com/ if they imposed it mandatory, I guess follow some personal rights which protects the dignity of every student by having that Don't ask Don't tell policy.The cost of education is really becoming very expensive for average students and I think something should be done about it baseball field covers.