Privatization of water led to higher ...

Privatization of water led to higher bills

There are 3 comments on the The Indianapolis Star story from Feb 27, 2007, titled Privatization of water led to higher bills. In it, The Indianapolis Star reports that:

The utilities board is now discussing raising the cost of water to citizens of the city .

Join the discussion below, or Read more at The Indianapolis Star.

DRB

Bedford, MA

#1 Feb 27, 2007
Privatization means higher bills because the companies that buy the contracts are in the business of making money. The government gets a short term payment to fill their coffers and the taxpayer gets screwed with higher fees for worse service.

Arc

“Love, and do what you like.”

Since: Feb 07

Chicago, IL (ex-Indy)

#2 Feb 27, 2007
This is why privitization is neither inventive or bold. Selling public assets for profit will lead to cuts in service or higher prices so that the business can maximize profitability. Of course the one thing it does well is remove responsiblity of the problems from the government, which more often than not, I think is the reason for much privitization.
Ratepayer

Rock Island, IL

#3 Mar 1, 2007
Hello the clue phone is ringing for you people. The company was privately owned and now its a city asset.

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