A negative article on HSR from a conservative think tank? I'm shocked! :P The price tag in real dollars has increase since Prop 1A was passed in 2008, but the

A negative article on HSR from a conservative think tank? I'm shocked! :P The price tag in real dollars has increase since Prop 1A was passed in 2008, but the author is misrepresenting how much costs have increased compared to the initial estimate of $40 billion in 2008. The absolute cost has increased because the estimated completion date has been pushed back by a decade or more and the construction estimates are in year of expenditure dollar, not current dollars or 2008 dollars. I wrote a comment about it here. https://news.ycombinator.com/item?id=16560843 https://news.ycombinator.com/item?id=16560843 Granted, I hate to see funds being poorly managed and contractors committing fraud with no accountability, which appears to have happened, but I also hate hit pieces where someone compares 2008 dollars to year of expenditure dollars like they're the same thing.