Privatization fails over and over in the UK
America Blog Jul 02 09The Margaret Thatcher Tony Blair privatization plans all sounded so wonderful. Basic services such as public transportation and the mail could be spun off and the free market would save everyone lots of money! Hooray! Except it didn't quite work out that way. Public transportation privatization has been a fiasco and costs to consumers have hardly decreased. As a regular consumer of public transportation in France I'm horrified with the outrageously high costs when I travel to the UK. It's very expensive and the quality is generally sub-standard.The rail privatization took a hit as another rail operator notified the government that it has had enough. Full story...
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