From the Daily Californian:

California's $40 billion high-speed rail project was based on faulty ridership projections, according to a recent UC Berkeley study, but project officials are standing by their numbers..... "The key finding was simply that the forecasts were not accurate enough to make any judgment," said David Brownstone, economics professor at UC Irvine and a co-author of the study. "The conclusion that we draw is that we just don't know what the demand for this thing would be."
 

For the full story, please visit http://www.dailycal.org/article/109779/study_ridership_projections_for_h....