California, You've been swindled again...

...and you can't have water infrastructure.

//California’s high-speed rail project has broken more promises than ground. At every stage, the project has underestimated costs and overestimated benefits.

Travel times are up 40 percent. Ticket prices have risen 78 percent. Construction costs have nearly doubled – from initial estimates of $33 billion to $64 billion. So far, roughly 1,000 construction jobs have benefited the Central Valley – a far cry from the 160,000 construction-related jobs and 450,000 permanent tourism jobs originally promised.

California’s high-speed rail is a classic case of a sunk cost trap. In behavioral economics, the sunk cost fallacy describes that uniquely human circumstance by which we throw good money after bad ideas, persisting with a losing proposition because it’d be a waste to walk away now, after all we’ve spent.//

But you can bet that there has been graft and corruption and political donations floating into Democrat politicians that are keeping this sucking chest wound alive.