Jan Higgins wrote:Are you hoping for a miracle Brian, I think Barry's prophecy is very likely in the future especially with privatisation.
Privatisation does not always mean cheaper or more efficient, trains, water and fuel being good examples.
Actually Jan, it does mean cheaper and better service. A government monopoly results in higher costs and inefficiencies. You have to look at what you quote above and look at what has actually been happening. Price rises, where they have happened, have direct causal links that would still be there if still state owned. In fact you can be absolutely certain that without private competition your costs in each of those would be a lot higher now.
Was old British Rail a monument to low fares and good service - no, we all moaned about it then as we do now. But now, the new services carry far more passengers than ever. The trains are cleaner and service is, overall, a lot better.
Fuel! How is that an example? World energy prices have increased and the government green levies have further pushed up prices.
Then take water, what about all the old dilapidated Victorian sewers inherited by the privatised companies that have needed massive investment, the leaky pipes inherited too?
Whatever higher costs we may have now it would have been a lot worse if left in state hands.
The real question to ask in each case though is whether competition is working efficiently, whether there are enough providers and whether it is easy enough to change suppliers. Getting better competition in these markets is the way ahead.