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High-Speed Rail to The Happiest Place on Earth

Posted by: Tim Halbur

24 July 2009 - 11:00am

LA's Metro board is getting on board with high-speed rail, announcing Thursday that a Los Angeles-to-Anaheim (home of Disneyland) train could be a reality in less than 10 years.

'The segment within the 800-mile system could begin construction as early as 2012, finishing six years later, and is considered to be the most 'construction ready.' 'Union Station will become transformed into a world-class, 21st Century intermodal transit hub that will serve the County of Los Angeles in ways that are very exciting to imagine,' said Metro CEO Art Leahy."

Full Story: Metro Approves High Speed Rail to Anaheim, Could Open in 2018
Source: LAist, July 23, 2009
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Even if the report overestimates the costs by a factor of two and underestimates the tax-benefit by a similar amount, the conclusion would be pretty much the same: destination resorts cost local government and taxpayers money.
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