“Public-Private Partnerships” 0
All the rage right now.
Here’s how they work:
A legitimate governmental function needs doing, such as, say, an expressway needs to be built. Instead of the building the expressway directly with tax money, the government gives the tax money to a private company, which uses it to pay for executive bonuses and country club memberships.
Years later, a new sidewalk is christened.
With toll booths.
Jay Bookman, while discussing some proposals in Georgia, sums up the underlying methodology.
