Texas high-speed rail is still in the planning phase a decade after it was first unveiled.

Californians can’t do anything about the project’s sunk costs, but they can at least stop buying new, fanciful promises and tolerating more “magical thinking” from rail officials.

Californians can’t do anything about the project’s sunk costs, but they can at least stop buying new, fanciful promises and tolerating more “magical thinking” from rail officials.

This new concept would essentially be America's very own version of a "bullet train," which is how the company has referred to it on its website.