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this post was submitted on 15 Mar 2024
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I don't think the money is the problem. For one thing, it shouldn't cost $100 billion. The Kyushu bullet train was built in 2004 and cost $6 billion. It's 159 miles long. The SF to LA train would be around 390 miles long, and yet would cost over 15x that of an equivalent Japanese train.
The problem is the private companies contracted for this thing don't actually want to build trains, they want to make a profit. They make enough of a profit from scamming tax subsidies, so they never actually have to build the train.