The Pros And Cons Of Privatization In The United States
Privatization is very popular in government and is making its way into more entities within the United States. It is a topic of research for scholars and it is a concern for some government employees. Privatization has two sides, a good side and a bad side. It puts fear in some people because they don’t want privatization to take over in certain places. People don’t want to lose their jobs when for profit companies take over. Others don’t feel they will get the best services because new employees will come into the picture that are not as efficient or knowledgeable. Other concerns are that individuals feel government or government assets should not be for sell or be controlled by a company.
The good is that it helps to take some of the burden off of some of these public entities that cannot sustain without help. Privatization also increases competition instead of a monopoly. There are people, businesses, and government all for privatization and then you have people, businesses, and …show more content…
Cities were in fiscal crisis and facing declining revenues and The Great Society Welfare programs increased cost for cities. By the 1980’s Ronald Reagan was elected President. This is when privatization grew and became more popular. In 1987 Reagan’s budget proposal included sales of federally owned airports, railroads, power agencies, and weather satellites. He was successful in privatizing the northeastern freight railroad. Also in 1987 Reagan created the President’s Commission on Privatization. This was created to develop a plan to privatize federal functions such as prisons, education vouchers, Amtrak, and other federal functions. The Reagan era was the big push for privatization which continued to grow and got more popular. In the 1990’s more big corporations were seeking out contracts from the
The good is that it helps to take some of the burden off of some of these public entities that cannot sustain without help. Privatization also increases competition instead of a monopoly. There are people, businesses, and government all for privatization and then you have people, businesses, and …show more content…
Cities were in fiscal crisis and facing declining revenues and The Great Society Welfare programs increased cost for cities. By the 1980’s Ronald Reagan was elected President. This is when privatization grew and became more popular. In 1987 Reagan’s budget proposal included sales of federally owned airports, railroads, power agencies, and weather satellites. He was successful in privatizing the northeastern freight railroad. Also in 1987 Reagan created the President’s Commission on Privatization. This was created to develop a plan to privatize federal functions such as prisons, education vouchers, Amtrak, and other federal functions. The Reagan era was the big push for privatization which continued to grow and got more popular. In the 1990’s more big corporations were seeking out contracts from the