> In the late 1960s annual inflation approached 7%, more than double the economic predictions utilized in the original plans back in 1962. From mid-1967 onward, the system fought one financial crisis after another, struggling to remain afloat [...] The actual construction figure ended up being about $1.6 billion, $315 million of which came from the Federal government.<p>1.6 Bil in 1969 dollars translates to 13.6 Bil in 2024 dollars.<p>Oftentimes I hear complaints that today's projects cost too much, or I come across ballot measures where the other side is always like "something something we have no moneys" such as Prop 4 in California [1]. Sometimes reading about the past puts the present in perspective.<p>[1] - <a href="https://ballotpedia.org/California_Proposition_4,_Parks,_Environment,_Energy,_and_Water_Bond_Measure_(2024)" rel="nofollow">https://ballotpedia.org/California_Proposition_4,_Parks,_Env...</a>