Posted on 07/06/2012 6:43:28 AM PDT by Titus-Maximus
Remember when Gov. John Kasich took a heap of grief for killing Ohios 3C passenger-rail project, sending back $385 million in federal stimulus funds? A fiasco in California shows Kasich made the right call: Hopping aboard the federal gravy train would have derailed Ohios newly recovering budget.
The Golden State grabbed the lions share of Ohios returned federal dollars for its fast-rail system, only to now realize it is swamped with debt. Voters there have a serious case of buyers remorse.
As Kasich predicted, costs skyrocketed and ridership is unlikely to support the investment. A new poll shows that if a bullet train ever does run between Los Angeles and San Francisco somewhat doubtful most people say they would use it rarely or never. A ticket would cost $123 each way; travel websites were offering round-trip airline tickets this week for $174.
The poll, from University of Southern California Dornsife and the Los Angeles Times, found that 55 percent want to hold another vote on the issue, with 59 percent saying theyd vote against it this time.
The Obama administration insists on plunging the nation deeper into debt by borrowing millions for a stimulus program and then wasting the money on such projects as unsustainable high-speed rail. Californians, having accepted the federal governments lure of free dollars, are faced with throwing good money after bad
Finally, Republican governors acting like adults.
That headline is a terrible thing to do to one of my favorite “Monkees” songs! ‘-)
Boy in case you have not noticed, governments these days have much more lucrative extortion rackets involving parked cars.
“The Golden State grabbed the lions share of Ohios returned federal dollars for its fast-rail system, only to now realize it is swamped with debt.”
California is swamped with Marxists.
The 'Golden State' fell for more liberal bull than Detroit... they're a joke - soon to be a bankrupt joke.
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