>> You really have to believe in the market-driven efficiency of private enterprise to think that
>> outsourcing hospitals to people who use far more expensive capital and debt, then add a
>> tidy profit and a risk premium, is going to cost less than the government running
>> it as carp as they might be.
To do that you have to disregard that government or local authority have absolutely no record in delivering anything on time, or to anything resembling budget, have performed very very badly at subcontractor management, and have endemic levels of waste and inefficiency in operation.
ALA Crossrail.
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