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Feb 19Liked by Michael Klonsky

Mike is so right. How hard is it to figure out that privatizing a public function must generate profits or there is no point to it. And there are only two easy ways to generate profits: reduce the services or reduce labor costs (cutting pay or jobs). There is a pervasive myth in America that public agencies are always inefficient or ineffective. Comparing public utilities for electricity or gas with privatized utilities should quickly put the lie to that.

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