How can anyone fail to see through PFI?
Sep. 30th, 2002 02:06 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
ciphergothHow can anyone think using private money to build hospitals and schools is a good idea? As far as I can see the reasons not to are screamingly obvious and pretty irrefutable - am i missing something?
If it's private, it's an investment. If it's an investment, they'll give money now in return for more money later. If they want more money later, it'll have to come from the taxpayer. Ergo, the total cost to the taxpayer in the long term is greater with PFI.
Is this not the bleeding obvious?
If it's private, it's an investment. If it's an investment, they'll give money now in return for more money later. If they want more money later, it'll have to come from the taxpayer. Ergo, the total cost to the taxpayer in the long term is greater with PFI.
Is this not the bleeding obvious?
Governments are even less competent, perhaps
Date: 2002-10-02 05:02 am (UTC)One argument for PFI compared to the government
doing it all, is that the government is even
more stunningly incompetent at managing such
projects than the private companies.
I can't, personally, dismiss that view out of
hand, unfortunately. And that's a -big- problem
that needs fixed; PFI is then papering over
utter governmental incompetence. More competance
required in the government.
Nicolai