California government has approved the construction of a high-speed rail, Friday July 6th. The rail, which will eventually link the cities of Los Angeles and San Francisco, is estimated to have a final cost of around $68 billion.
The high-speed rail marks a huge victory for both Democratic Governorand the Obama Administration, which both parties claim will strengthen the job market in a state that experiences an unemployment rate of over 10% (10.8%). US Transportation Secretary said of the upcoming project, "No economy can grow faster than its transportation network allows. With highways between California cities congested and airspace at a premium, Californians desperately need an alternative."
Of course, as seems to be the nature of politics today, state Republicans bashed the initiative, saying that there was no funding for such a project and that it would send California even deeper into debt and despair. Senator Tom Harman of Huntington Beach said, “It’s unfortunate that the majority would rather spend billions of dollars that we don’t have for a train to nowhere than keep schools open and harmless from budget cuts.”
Once construction is completed, California will be the first state in the US to have a high-speed rail system. It’s impact on unemployment rates, traffic and the environment will all be more evident in the coming years.