What should we expect when public services are privatized?

Investment Analysis Clubs Macro Economic Trends and Risks
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https://www.bloomberg.com/features/2024-yosemite-national-park-aramark-mess/

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That private equity will siphon off most of the money and you’ll be left with an open pit squat toilet and a poisoned well.

intercst

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Thanks to ideology, food service in Michigan prisons was privatized. The result was a sharp drop in food quality, and an increase in costs.

https://www.metrotimes.com/food-drink/michigan-may-stop-using-private-food-vendors-in-its-prisons-9127214

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The higher the costs the better the skim. Percentages.

It is corruption. D’uh.

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