http://www.businessweek.com/ap/2012-03/D9TNU9VG0.htm
AP Enterprise: Vegas rail: a gamble or good thing?
By MICHAEL R. BLOOD
VICTORVILLE, CALIF.
On a dusty, rock-strewn expanse at the edge of the Mojave Desert, a company linked to Senate Majority Leader Harry Reid wants to build a bullet train that would rocket tourists from the middle of nowhere to the gambling palaces of Las Vegas.
Privately held DesertXpress is on the verge of landing a $4.9 billion loan from the Obama administration to build the 150 mph train, which could be a lifeline for a region devastated by the housing crash or a crap shoot for taxpayers weary of Washington spending.[snip]
Construction cost projections have soared to as much as $6.5 billion, not including interest on the loan. Some fear taxpayer subsidies are inevitable.
Reid and other supporters point to research that shows 80,000 new jobs, but FRA documents show virtually all those would be temporary -- no more than 722 would be permanent.
“Reid and other supporters point to research that shows 80,000 new jobs, but FRA documents show virtually all those would be temporary — no more than 722 would be permanent.”
THIS is typical Pinky Reid misdirection!
Exactly the same as his other big jobs brags, the big numbers are only in the construction phase.
Once built they require far fewer permanent workers, weather they are big casino projects, solar plants, or this Boondoggle Express!.
Oh, and we can expect around 20%+ of the alleged “80,000 workers” to be illegals.