‘Let’s be real.’ Gavin Newsom says he’ll cut back on California’s high-speed rail plan
“In a change to a project voters first approved with a $10 billion bond during the Schwarzenegger administration, Newsom said there “simply isn’t a path” to build high speed rail to connect the northern and southern parts of the state without more funding. The project as originally designed now is estimated to cost at least $77 billion.
Instead, he called for focus on a section linking the Central Valley cities of Merced and Bakersfield, which he said have long been neglected by lawmakers.
“The Valley may be known around the world for agriculture, but there is another story ready to be told. A story of a region hungry for investment, a workforce eager for more training and good jobs, Californians who deserve a fair share of our state’s prosperity,” he said. “The high speed rail project can be part of that.”
He promised more oversight and transparency for the project, and announced he is appointing his economic development director, Lenny Mendonca, to chair the High Speed Rail Authority. The larger rail project isn’t dead. Newsom said the state will still complete an environmental review for the proposed rail between San Francisco and Los Angeles and will continue work on regional projects in the north and the south of the state.
Newsom acknowledged critics who want the state to abandon the project entirely, but said he doesn’t want to waste the billions already spent on the project, nor does he want to return $3.5 billion the state has received in federal funding.”
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Study: Ending All Legal Immigration for 40 Years Maintains U.S. Workforce
“The United States could suspend all legal immigration to the country for the next 40 years and maintain a workforce where there are still more than two U.S. workers for every one retiree, a new study finds.
The latest study by the Center for Immigration Studies’ Steven Camarota reveals that despite claims by the big business lobby, Wall St., and corporate executives that mass legal immigration is necessary to maintain a sizeable workforce, current legal immigration trends have little to no impact on the working-age population.
The workforce population is generally measured by the ratio showing the number of U.S. workers per every one retiree. Camerota’s research finds that if the U.S. implemented an immigration moratorium for the next 40 years, it would hardly have an impact on the number of workers per retirees.
For example, at current legal immigration levels where the U.S. imports more than 1.2 million legal immigrants a year — at the detriment of American workers’ job prospects and wages — the working-age population would decrease from 64.3 percent of the total population in 2017 to 59 percent in 2060.
Likewise, under a scenario where the U.S. halted all legal immigration, the working-age population would dip to about 56.7 percent of the total population by 2060 — only a 2.3 percent difference from projections where current mass legal immigration trends continue.