Public saneness

Business leaders are shocked by the Queensland election result …

Apparently it’s disappointing because because governments may now shy shy away from tackling major reforms.

Such as selling off public assets to private owners to finance short term budget imbalances (rather than slowly trading to a lower debt by pruning costs and increasing tax revenues).

People aren’t that stupid; they have learned that such sell-offs simply result in higher prices for basic services as well as increased complexity in billing systems and marketing efforts.

Any increases in efficiency gained by private ownership seem to be lost in the even greater requirement for growing private sector profits.

The result; greater wealth disparities between those that can buy into the private sector ownership of basic services and those than cannot.

It’s a good thing that businesses can’t vote.