In what is becoming a recurring theme, former Governor Ted Strickland’s policies were once again proven misguided, as the Dispatch commented today on the disaster currently happening with California’s “high speed rail” project:
Remember when Gov. John Kasich took a heap of grief for killing Ohio’s 3C passenger-rail project, sending back $385 million in federal stimulus funds? A fiasco in California shows Kasich made the right call: Hopping aboard the federal gravy train would have derailed Ohio’s newly recovering budget.The Golden State grabbed the lion’s share of Ohio’s returned federal dollars for its fast-rail system, only to now realize it is swamped with debt. Voters there have a serious case of buyer’s remorse.As Kasich predicted, costs skyrocketed and ridership is unlikely to support the investment. A new poll shows that if a bullet train ever does run between Los Angeles and San Francisco — somewhat doubtful — most people say they would use it rarely or never. A ticket would cost $123 each way; travel websites were offering round-trip airline tickets this week for $174.
The editorial goes on to describe that California is now looking to spend more than double its original projection, and that California residents would overwhelmingly support doing away with the project altogether.
- After losing 400,000 jobs in 4 years under Governor Strickland, Ohio has created over 150,000 in 19 months under Governor Kasich.
- After creating an $8 billion budget deficit under Governor Strickland, Ohio has a balanced budget.
- After committing to a financially unstable and incredibly slow 3C rail under Governor Strickland, Ohio is replenishing its rainy day fund under Governor Kasich.