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Old Posted Apr 12, 2010, 4:38 PM
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Gordo Gordo is offline
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Join Date: Jul 2007
Location: Seattle, WA/San Francisco, CA/Jackson Hole, WY
Posts: 4,198
PR for the CHSRA has been a disaster so far ("so far" being 10+ years now).

The Authority didn't "fail to account for inflation." The $33.6 billion number is year of bond passage dollars (2008). The $42.6 is year of expenditure dollars (with amounts spent from 2008-2020 or so). Neither is more honest or dishonest than the other, they're simply different numbers. The only reason that year of expenditure dollars were released was that it was a requirement for receiving stimulus dollars. The fact that the Authority has never come out and fully explained this themselves is ridiculous.

Along the same lines, the $105 ticket is nothing more than an estimate of where airline ticket prices will be at the start of operation. The REAL PRICES being discussed are percentages - HSR prices will be set based upon a set percentage of air prices. Of course, this could change, but under the way that the business plan is written now, there is no chance at all that HSR will be priced higher than airlines - but the prices could be $30 or $300 depending on where plane tickets are.
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