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Today the LA Times issued a misleading story that inaccurately portrayed a risk analysis document describing hypothetical scenarios as concrete findings. Instead of reading the what ifs, read two federal reports that show how investments in California’s high-speed rail program have resulted in economic benefits and job creation in the Central Valley. U.S. Department of Transportation report introduced by Vice President Joe Biden, Shovel Worthy: What the Recovery Act Taught Us About Investing in Our Nation’s Infrastructure, which highlights how ARRA investments in the Central Valley have led to an economic turnaround in the region.
https://www.transportation.gov/briefing-room/transportation-department-issues-report-economic-growth-due-transportation-investments
US Treasury Department, 40 Proposed U.S. Transportation and Water Infrastructure Projects of Major Economic Significance which shows California’s high-speed rail program as having the third-highest economic benefit of major infrastructure investments across the country.
https://www.treasury.gov/connect/blog/Pages/Importance-of-Infrastructure-Investment-for-Spurring-Growth-.aspx