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Strenthen Contractor Accountability

Privatization During an Economic Downturn: Still Inefficient and Problematic

The lure is the supposed promise that privatization will deliver a short-term budget fix.  Yet many privatization efforts, as this Dispatch will highlight, have cost taxpayers hundreds of millions of dollars and botched services for the public.  That privatization continues to move forward despite such a poor track record reflects pure ideology that the private market delivers the most efficient outcomes, even without demonstrable results.  Some states may also be making the more cynical decision to pursue immediate short-term infusions of capital at the expense of long-term financial cost in pursuit of short-term electoral gains.  In any case, privatization comes at the expense of long-term investments in the community, sustainable budget policy and public accountability.