Has for the Railway.Whiskyman wrote: ↑Wed Jan 16, 2019 4:33 pmI could paint a different picture Billy. Obviously I can only speak personally as everyone's circumstances are different.BillyDWhizz wrote: ↑Wed Jan 16, 2019 3:50 pm
Christ, by privatising politics, you may as well buy a flat cap so you can doff it every time the Lord of the Manor comes round to collect his feudal taxes!!
Sorry mate, I cannot disagree with you more. Privatisation has served a wealthy few at the expense of the rest of us - EXACTLY how Maggie wanted it.
I'll use the water sector as an example. In the 30 odd years since privatisation, control is now in the hands of a very few wealthy international investors, some even operating from cosy little tax havens. Prices have increased by over 40% and a QUARTER of the bill YOU, ME and EVERYONE now pays goes straight in to servicing debt interest (Investment is provided by borrowing rather than shareholders) and paying out dividends.
Let's not forget how Maggie nicely wiped out £4.9 Billion of water sector debts for the new owners so they could come in and start up all nice and debt free...What did the private owners do? They took advantage and have racked up debts to the taxpayer currently around the £50 Billion mark, whilst at the same time managing to payout billions in dividends. Three water companies in the past even paid out more money in dividends than their total pre-tax profits...How is that possible unless some poor suckers, somewhere are enabling them too...Oh...wait...That'll be us won't it!?
The National grid is exactly the same , the Post office is fucked, The Steel industry is dead, Public Services companies are fucking us over to the tune of billions every year, The coal industry is non existent, ICI, remember them? A world leader in it's field and jewel in the crown of British industry is now fucking Dutch...I could go on but won't since I'm rapidly approaching rant mode!
I guess you could call BT a success. If laying off 100,000 workers to re model your business plan is your definition of successful.
You'll notice how I've avoided mentioning the railways...
Water. I have a metered supply, pay bu direct debit and it costs me £20 a month. Can't remember what it was back in the day but, trust me, it wasn't much less than that around 20 years ago.
Gas/Electric. Monthly direct debit costs £90. I shop round every year to check rates and swap supplier if advantageous.
As with water that is cheaper in real terms to what I paid when they were state owned. Partly I believe because I now have a choice of supplier.
Railways. Don't use trains regularly but relative to what they used to cost pre nationalisation taking into consideration inflation it costs me less to get into London off peak than it did back in the day. Day Return now from Welwyn Garden City to West End is £19.10. Admittedly that is off peak. And please don't tell me there weren't delays and cancellations in the privatised era. I used to have to commute into the city by train and did so under nationalisation and the privatised version. The quality of train is now better and faster but I'll happily concede that may also have happened under state ownership. Electrification of our line massively improved the quality of service.
Don't think it's really fair to use steel and coal as examples tbh. Both these products can be sourced much more cheaply from abroad and so it was fairly inevitable those industries would wither and die.
BT's job cuts ? Job cuts happen as the working world evolves. When I started work in the city one of my first jobs was analysing company accounts and giving those company's investment risk ratings. There were around 15 of us doing that. Now an algorithm can do the job much more quickly and probably a lot more accurately. I think it's called progress.
The biggest employer in the UK? Yes, you've guessed it. The fucking NHS. Government run, Is it efficient ? This isn't apolitical point but Our local hospital , the QEII. was closed down by the last Labour administration. Only about 2 or 3 years before that there had been massive expenditure upgrading parts of it. Hardly a good use of taxpayers hard earned is it ?
And on that subject how inefficient is the whole government apparatus that's supposed to be there for our benefit ? Just one example. If you have kids you get child benefit. Fair enough. But why have one department,HMRC,taking the money from you as tax, and another giving you some of it back as a child benefit? Why not simply change your tax code and let you keep the equivalent in your salary cheque?
Now I'm in rant mode. And I guess we'll never agree.
We are the most expensive in Europe,probably the world,not just a tiny bit,but FIVE times has much.
Our train services are poorer.
The whole train system is poorer.Guess What?Ours is the only rail system that isn`t Nationalised.
But the most annoying thing is the British taxpayer who subsidising it and half of them are owned by foreign companies.
Is this all for the benefit of the British taxpayer?Like hell it is,it`s all to benefit the fat cats.
Anything that is any good in this country is sold and why the majority don`t benefit.WHY do you think we have had to live in Austerity for the past 12 years?No money for this and no money for that?All down to greed I'm afraid.