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Old 18-08-2008, 22:00   #11
Royboy39
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Re: Privatisation of public utilities..good or bad?

Quote:
Originally Posted by Mancie View Post
The subsidies to the Railways was to keep people in jobs? ..as soon as the private sector took over the railways the first thing they did was to "slim down".. meaning sack half of the workforce...as happend in all the other national assest they sold off.. the only people that were safe in thier jobs were on the board of directors.
The Tory Government activley employed managers and chairmen of boards whose instructions were to make working people redundant..sounds silly these days.. but it was seen as a practical policy in the Thatcher days.. that's how silly they were!
Sounds to me like you've had a bad experience.
Businesses have to make money in order to survive (Fact)
Be it public or private enterprise, money is what controls any type of business....the banks will go along with it but only so far.
The countries 'National Assests' were stuggling to survive.
Slimming down is what every employer worth his salt will do if the company is in deficit.
It would be rather interesting to know what you take would be if you were running a business and you were loosing thousands of pounds a year.
Would you throw the towel in or fund it from your personal bank account?
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