This doesn't seem like that cynical of a take at all. The US is terrible at infrastructure projects. I feel like you would never go wrong betting against them. Or at least betting that they take 10x the time and cost than predicted.
The Brightline rail in Florida which connects Miami to Orlando began construction in 2014 had its first service in 2018 and full route in 2023. I took it last year, it was just fine.
I’ve begun to see that sometimes the private sector can be much, much better at managing these infrastructure projects than the State of California .
The initial bill for HSR was one of the first things I remember voting on. If I recall correctly, it was a bond for 8b dollars. I voted against it because I had extreme doubts that would be the end of it.
If it actually cost $8B, I would have supported it.
