Only when being installed. When operating, the true cost per passenger mile is much lower than for interstate highways and cars. It's best to avoid misleading economic comparisons.
A bus is more expensive than a car, but the cost per passenger mile is much lower.
A commercial airliner is hugely more expensive than a car, but an airplane ride from A to B is cheaper than an equivalent car journey for most trips.
> The traffic is mostly local commuter traffic that high speed rail would not solve.
False choice. Cities have sophisticated, multi-level rail and surface mass transit systems for a reason -- they make economic sense.
> Roads are much more democratic -- they are available to anyone with a car.
I have to ask -- who are you working for? Your arguments are all paper-thin, easily torn to pieces. Roads and cars are democratic? More democratic than a seat in mass transit?