By Juan Sebastián Pinto, Contributor, Forbes Magazine; February 13, 2019
California Governor Gavin Newsom (D) began his State of the State address yesterday by noting the state’s “record-breaking” surplus, the addition of more than 3 million jobs to the local economy, and the overall rise of statewide wages — but shifted quickly towards ending his predecessor’s decade-long dream for a high speed rail network connecting San Francisco and Los Angeles. “The current project as planned would cost too much and take too long,” he said. “There has been too little oversight and not enough transparency.”