Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
One thing that wasn't pointed out in the Politico article, which made it sound like this money was merely the product of Rahm Emanuel's backroom dealing and Obama's desire for a "signature issue" project, is that HSR was one of the highest rated policy proposals on Change.gov's Citizens Briefing Book, one of the few that actually elicited a response from the transition team.

So Obama has merely done the people's bidding here.

$8 billion is really a drop in the bucket, but this does show a strong pro-HSR consensus in Washington DC. And that is long overdue.

(Thanks for the link to my CA HSR blog, btw!)

And the world will live as one

by Montereyan (robert at calitics dot com) on Tue Feb 17th, 2009 at 02:59:16 PM EST
$8 billion is really a drop in the bucket

Yep, maybe the budget for a corridor in a larger state.

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Wed Feb 18th, 2009 at 03:13:05 AM EST
[ Parent ]
... train, or several Rapid Rail corridors. The Triple-C corridor, which is the trunk of the Ohio Hub, was costed at $1.1b in infrastructure in 2002$, so accounting for inflation and 20% to 40% system establishment costs, that's under $2b.

But as Stimulus spending that has to be spent by 2012, its better seen as a downpayment to allow projects to get jump started now, when states would struggle mightily to come up with the normal state match.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Feb 18th, 2009 at 07:04:55 AM EST
[ Parent ]


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