Changing the nameplate on No. 10 is not enough

The cost of privatisation will haunt us for years to come

 "PFI, and indeed much of the government’s case for privatisation, is predicated on a myth that the Tories naturally do not challenge, given that PFI and mass privatisation were originally their ideas. That myth, the false premise of PFI, is that government borrowing – its gross financial liabilities – must be held down at all costs. This is nonsense."

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2 Responses to Changing the nameplate on No. 10 is not enough

  1. Gary Elsby stoke says:

    The premise for this account is that everyone, evrywhere in pubs, clubs and on street corners, is upset with PFI.
    I doubt it very much.
    I always thought that Gordon likes PFI because it doesn’t show up in the accounts.
    I was under the impression that it also does not breach the EU guidlines of public spending above 3%.
    The case for PFI being expensive in the longer term is a good one but in the short term it fills every criteria.
    We get new schools and Hospitals as well, which is exactly what Labour promised me they would do if I elected them.
    And they have.
    Can I also point out that Swedish socialists have just lost power after 40 years.
    Why they have is a good question.
    They have spent to their hearts content and have also allowed their gates to be open for immigration,just like us.
    We have PFI and won 3 on the trot.
    So Bob, regarding PFI and 3 terms in office, is it:
    Deal or no deal?
    Gary
    Gary

  2. Bob Piper says:

    It is not that stark a choice, Gary. The Tories had PFI in 1997 and lost hopelessly.