Reply to post: Cui bono?

Why OH WHY did Blighty privatise EVERYTHING?

Graham Marsden

Cui bono?

Again, I have to ask the question in response to one of TW's articles.

Our (yes, *our*, because our parents and grandparents paid for them) public services and utilities are flogged off, generally in a completely inept way and often for a hell of a lot more than they're actually worth.

That money is then used by governments for short-term bribes tax cuts which eventually and almost inevitably end up in the pockets of the wealthiest who, despite what some may claim, *do not* spend most of it (which is how it's supposed to "trickle down") , but, instead, stash it away in foreign institutions and in tax avoidance schemes.

Meanwhile the companies that now own said services and utilities think, hang on, the government got away with under-investing and skim off the profits, bet we can do that too! And when the government says "hang on, you're supposed to be fixing the problems caused by our under-investing and profit skimming", the companies go "gissa subsidy. Go on, you know you want to..."

Of course, that subsidy comes out of *our* pockets again and goes into *their* pockets and tax havens.

So we're left with what's still a crappy service and/ or expensive utilities but being told that "you should be happy, we did this for *your* benefit!"

Cui bono? Still not us...

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