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Flint, MI water supply tainted by chemicals

#82

Quote:Private sector will always spend minimum on maintenance of infrastructure be it electricity or roads. Someone else can deal with the costs in 20 years time after they have had all their bonuses and share options linked to the impressive bottom line. Because people don't have adequate alternatives you need the regulation or public ownership. Free market and monopoly mix terribly for consumers.


That's just simply not true and exposes the probability you have limited if any work in management in the private sector. Every year millions if not billions is spent by the private sector maintaining their equipment and facilities. Why? Because not maintaining them means they'll e eventually have to replace the equipment or lose production when the equipment breaks. Unlike government entities keep production as high as possible is how the private sector survives, government thrives when production haults its the only time they can generate revenue in the form of taxiation. Want proof lets compare the conditions of privately owned roads and tolls to publically owned and managed roads and tolls.
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Flint, MI water supply tainted by chemicals - by EricC85 - 02-11-2016, 09:58 PM



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