In conversation with President Trump
All-In with Chamath, Jason, Sacks & Friedberg
Comparing Construction Costs
The cost of construction projects like the Francis Scott Key Bridge and California's bullet train project has significantly increased over the years. While the bridge was initially built for $141 million, today's estimate for repairs exceeds $2 billion. Similarly, California's bullet train, initially budgeted at $40 billion, has already spent $18 billion with a current total estimate of $140 billion. In comparison, China recently spent $300 billion to build 16 miles of high-speed rail, costing $18 million per mile, demonstrating a significant contrast in construction costs.
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