It is being shelved because it will put the tax payers in the hole another 3 billion and it will not sustain itself financially. States control their own budgets and not the federal government and this is not an interstate project.
k5jmh:
I certainly hold nothing but the highest regard for you, (and especially your computer skills that far exceed my own) but you are simply misinformed on this issue.
The "Put the tax payers in a hole" was an effective smokescreen put up by people who have other interests at stake.
Quite simply, our Gov lied to us:
TAMPA, Florida - Despite promises that he would consult a new feasibility study in February before making any decisions on high-speed rail (HSR), Gov. Rick Scott yanked the project off the tracks Wednesday based on a report published on Jan. 6 from a notorious rail opponent.
The governor's office confirmed Scott relied on a controversial report from the libertarian Reason Foundation. It indicated Florida would be vulnerable to cost overruns and overambitious ridership projections - concerns Scott cited in his Wednesday decision.
But on Jan. 6, the same day the study came out, Scott indicated he was waiting on a different study to make his decision.
Companies such as Siemans and Virgin America indicated they would be willing to assume the risk and Florida's $280 million portion of the bill for the right to be the first HSR-builder in America. But Scott's Wednesday rejection came before those private companies even had a chance to make a bid, which would have cost the state nothing.
Rail proponents also criticized the Reason Foundation study for automatically assuming the project would come in over-budget and ridership would automatically come in under projections. Many dismissed it as a worse-than-worst-case scenario.
The Reason Foundation study also didn't factor in ridership from tourists, a large component of the estimated customer base for the Orlando-to-Tampa line.
Follow 10 Connects reporter Noah Pransky on Twitter at
www.twitter.com/noahpransky or Facebook at
www.facebook.com/noahpransky.
Noah Pransky
Thoughts that include statements such as "tax payers will be 3 billion in the hole" and "it" (the HSR) will not sustain itself finaincially involve misinformation and as much as they do clarvoyency.
The fact is, Florida has been duped again, and the loss of 10's of thousands of jobs has now been presented as "dodging a bullet".
(This is probably as "political as I can get on The DIS, and it will be my last words on the subject. I'd like this thread to remain open for as long as possible, but I fear that will not happen)/SIZE]