Policy Stories: California's High-Speed Dream Derailed

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.

For more information, visit the PolicyEd page here: https://www.policyed.org/policy-stories/californias-high-speed-dream-derailed/video

Additional resources:

Read “A Closer Look at the Left’s Agenda: Scientific, Economic, and Numerical Illiteracy on the Campaign Trail” by Michael J. Boskin, available here: https://hvr.co/2TqIGaJ.

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: https://hvr.co/2NtOoVD.

Read “California’s Bullet-Train Fiasco Continues: $20 Billion for 120 Miles?” by Lee Ohanian, available here: https://hvr.co/3ai9BvF.

Read “After Spending $5.4 Billion, California’s Bullet Train is Still Going Nowhere” by Lee Ohanian, available here: https://hvr.co/30qp7RC.

Read “The Road (and Rail and Reservoirs) Ahead: Can California Be Innovative—and Sensible?” by Bill Whalen, available here: https://hvr.co/2FRuBeH.

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