Governor Scott is at it again - working to keep the promises he made on the campaign trail (and perturbing liberals while doing so). Florida has once again rejected federal funds for the high speed rail thanks to the efforts of Governor Scott, the State chapters of the Tea Party, and concerned conservative voters.
High speed rail was touted as a necessary project for a struggling economy and the ultra-high unemployment that we suffer in the great State of Florida. Countless long-term jobs and stimulated commerce were the two major talking points, and it is easy to sway public opinion when the proposed project is portrayed in this manner. As with any argument, there are two sides to the story, and the other side did not get adequate representation in the media outlets. And the beat goes on....
Important questions need to be answered to fully understand the pros and cons of this debate. Who would bear the cost of operation and maintenance for the railway once the project is completed? What does it cost to maintain a multi BILLION dollar project? What about the possibility of large volumes of empty seats, as with the Jacksonville Automated Skyway Express?
Operational costs and maintenance would obviously be funded by tax receipts since this is a public sector railway. The feds only fund a portion of the construction phase, leaving the remaining construction costs, operations, and upkeep to be the sole responsibility of Florida taxpayers. The long-term expense alone could easily outweigh the benefit of the new jobs created.
How much would it cost to maintain the railway? No one will ever know the actual numbers, but think of it this way. Compare the expense of an oil change for a Ford Ranger vs. a Ferrari Testarossa. The pickup can be serviced for less than $50 at the dealer, but an oil change for a Ferrari can cost as much as $1000 due to its proprietary nature! If the price for this specialized railway can reach $100 million per mile in difficult terrain, how badly will this burden our strained State budget to keep the system functional? Thank God Florida will not be burdened with these ongoing expenses.
The most important concern is the estimated number of riders, which cannot be calculated with any degree of certainty. As a teen and young adult, I clearly remember the promises of increased commerce and economic benefits for Jacksonville if the city agreed to spend enormous amounts of tax revenue for the project, but it undoubtedly FAILS to do what was promised. Each time I visit downtown Jacksonville near the ASE, I am clearly reminded of the political spin by the overwhelming amount of empty seats on each and every car traveling the overhead rail. It seems as if the local politicians were in bed with the contractors who profited from the construction of the local monorail.
Comment
Accumulated deficit and comprehensive income (loss) increased $1,340.7M – reflects net losses incurred over the last 12 months and other unrealized comprehensive losses relating to the current market value of short-term investments.
The lack of proof that high speed rail can be self sufficient is enough to persuade conservatives that this endeavor is a bad choice at this time. When ample evidence can be provided to counter the naysayers, a reasonable debate can and should ensue.
If you're not already aware. This is what's going on in DC while dangerous criminals are allowed back out on the streets. It's horrifying that this is happening to our citizens and veterans for protesting the hijacking of our election process. This is still happening! They are STILL being tortured and treated like full on terrorists.
You may not be aware of the typical things they're forced to go through...…
ContinuePosted by Babs Jordan on August 14, 2022 at 8:44am
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