Wednesday, May 18, 2011

The Washington Post Editorial that finally gets High-Speed Rail right.


As you know, The Washington Post is the newspaper for pinko, tree-hugging, commie, progressive, bleeding-heart liberals like me. It has, with notable exceptions (like Robert Samuelson's article) supported high-speed rail.  That fact makes this editorial opinion all the more consequential. Actually, it's astounding.

There should be no Senator or Congressman in Congress, from both sides of the aisle, missing this article. It's about as clear a position as we can ask for.

The project, after all this time, is still no more than a concept and a vague one at that. A million dollars are being burned daily, and for nothing.  It's the "Train Project to Nowhere."  How can it not be clear to everyone, from President Obama on down, that there will be no further high-speed rail funds after this current go-around and when the ARRA stimulus fund bucket becomes empty?

They haven't even started construction and still don't have a clue what to do with the tracks once they put them down across all that farmland in the Central Valley.  The rail authority and Roelof Van Ark are improvising daily, making it all up as they go along.

I've said often that we should expect no sensible decision-making from the State Legislature that can't even resolve the state budget in a sensible way after decades of annual screwing around and "kicking the can down the road."  And we can be sure that the Governor won't pull the plug.  Therefore, wiser heads should prevail in Washington (is that asking too much?) and turn off the funding spigot for HSR before more precious tax dollars are wasted.

I know what. Why not plan an over-arching Transportation Strategy for the United States first and see what we actually do and don't need for the next 100 years, and then cost it out to see what we can actually afford? The states should do that as well, particularly California, which can't really afford building anything right now.  It's the state the slogan for which should be, "fire, ready, aim."
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POSTOPINIONS

Editorial Board Opinion

California’s high-speed train project is going off the rails


By Editorial, Wednesday, May 18, 4:28 PM
THERE’S A SCANDAL brewing in California, and we are not talking about Arnold Schwarzenegger. 

We refer to the $43 billion high-speed rail project in that state, to which the Obama administration has pledged more than $3 billion in federal funding, even though study after authoritative study has cast serious doubt on its financial feasibility. 

The latest such report, issued May 10 by California’s nonpartisan Legislative Analyst’s Office (LAO), finds that the project’s current governance structure is “too weak” to manage the massive project and that its business plan does not adequately consider debt service costs that could gobble up $1 billion of the state’s budget per year through 2030.

Yet California’s High-Speed Rail Authority (HSRA) is bound and determined to start building the railroad before its long-term funding is clear, and to do so in a part of the state where hardly anyone will want to ride. The HSRA chose to start work in a forlorn stretch of the Central Valley this September because the Obama administration said it had to, or else it would lose $2.3 billion of the $3 billion in federal money. 

And why did the administration favor the Central Valley, instead of a likelier location such as the Bay Area or Los Angeles-Anaheim? Because it wanted environmental permitting done quickly — and that seemed likelier in part of state with fewer people around to shout “not in my back yard.” 

Cash-strapped as his state is, Gov. Jerry Brown (D) seeks $185 million, about half of it federal money, in his current budget plan to help prepare for construction. Much bigger contracts for actual construction would have to be signed next year.
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In short, California may be about to spend a fortune to plan and build a stretch of high-speed track that would end up as a railroad to nowhere in the all-too-likely event that funding for the rest of the system never materializes. But the LAO, the state-level equivalent of the Congressional Budget Office, argues that the legislature should halt most further spending on the project and not start construction until the state can negotiate more flexible terms from the federal government and — crucially — relocate the first section to a route where a fast train would be economically viable even if the entire system never gets built.

There is a certain poignancy to the LAO’s plea for everyone to stop and think. The benefits of high-speed rail in California might indeed outweigh the costs, the LAO notes, but “at this time there is little reliable information to inform this decision.” 

Think about that for a minute: Fifteen years have passed, and millions of dollars have been spent on studies since the state first passed a law creating a high-speed rail program. Yet after all that, no one really knows whether it’s worth doing. If no one has come up with a convincing rationale by now, maybe there isn’t one.