freediver wrote on Jul 22
nd, 2017 at 9:52am:
John Smith wrote on Jul 22
nd, 2017 at 9:25am:
freediver wrote on Jul 22
nd, 2017 at 9:22am:
I think it's closer to 100%.
not according to the article in reply 4.
"Over a four-year period it is projected that there will be a $36 billion shortfall between the amount of fuel tax paid by motorists and investment in land transport infrastructure," the AAA said in its Budget submission to Treasurer Wayne Swan.
What about regular maintenance?
Quote:not necessarily. They can still contract out to the lowest bidder.
And pay them with what?
Quote:Where has that been proven to be the case, freed? When governments do these jobs, they contract out much of the design work and such, and then hire a host of contractors... the difference is they are not paying a horde of shareholders, board members and ceos and such to duplicate the same work of oversight and running the show.
You don't think they contract that bit out also? And do these contractors have CEOs overseeing their work? Or does everything just function like clockwork because the government is in charge?
Not quite that simple - of course those contracted companies have their mouths to feed etc... and yes, it is possible for a government to contract out the oversight of the project as a whole.
Thing is - once the project is up and running, those contractors are no longer contracted for oversight, and thus have no mouths to feed.. and if the government then runs the show, they have no shareholders etc to feed.
Thus far, and I have no fear of contradiction here - every 'privatised' public venture has caused a massive rise in costs.