As someone who voted for this project, I'm really bummed with how it's actually turning out. The actual costs are so much more than what people voted for, yet no one's being held responsible. At the same time, I don't really have a solution to this problem. We need to invest in large scale transportation initiatives for the future — projects just as forward-looking as BART once was. Yet not even NYC can pull it toget…
The 1976 BART cost $10B in today's dollars to construct. If you were alive in 1976 would you have said it was a boondoggle and the project should have been killed? IMO people consistently underestimate how much public infrastructure is worth. The US highway system was sold at a cost of $27B [1] but cost over $100B and has cost nearly $500B today [2]. Does that mean the US Highway system wasn't worth it? Of course it…
And what would BART cost today to build? $50 billion? Would it be worthwhile at that price? The problem is that costs for public infrastructure are ballooning much faster than inflation. That puts more pressure on public infrastructure projects to produce benefits that justify the investment. I fully expect many public infrastructure expenditures today won't ever justify themselves, for example DC's silver line.