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Unfortunately, he was right here, because that project was hopelessly overpriced. Yes, we badly need HSR in America, but the prices they're talking about are c
by magduf 8y ago
Unfortunately, he was right here, because that project was hopelessly overpriced. Yes, we badly need HSR in America, but the prices they're talking about are completely ridiculous.
What we really need to do is just hire the Japanese to build HSR for us, because we obviously can't do it ourselves.
- asdff 8y agoThe Japanese will come here and also have to deal with the hugely inflated prices of land and material acquisition. Everyone in the path of this project or a potential vendor all up and down the line is eager to profiteer and jack up the cost no matter who is engineering it. We need to keep large government projects far away from contractors because like every large government project involved with the private sector in history, costs will rise and rise and rise until people have had enough and the project is scaled back and/or killed. Otherwise, costs will rise until they hit that point, because as a contractor for the government, you have zero incentive not to profiteer.