The LA Times is running a story about the high-speed boondoggle in southern California, a 130 mile rail segment from Fresno to Bakersfield:
The bullet train track through the Central Valley would cost $6 billion and have to be completed by September 2017, or else potentially lose some of its federal funding. It would mean spending as much as $3.5 million every calendar day, holidays and weekends included
Check out the article. There’s not a word discussing whether or not they should. The entire argument and analysis focuses on whether or not they can.
Yes, California, you are boned.