California High-Speed Rail Authority California’s high-speed rail project is a lesson in the inefficiency of big government. The project was started nearly twenty years ago and they have not even started laying down tracks. One of the reasons it’s in the news right now is because it has gone way over budget and the people in charge are looking for alternate forms of funding. The current CEO, who came on board last summer, is now claiming that the project might be finished in twenty years. That would be the year 2045. The Associated Press reports: California high-speed rail leader pushes state to support private investment A long-delayed project promising nonstop rail service between San Francisco and Los Angeles in under three hours may be able…
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