Privatisation continues to be touted as a quick fix, so the mantra goes βpublic sector bad, private sector goodβ.
That is, using community funds and resources to build up a vital service or piece of infrastructure, usually over a period of many years, then when there is a βbudget crisisβ selling it off to yield a quick cash injection and the removal of an expense from the ledger β regardless of whether it is generating income or not β while giving sweetheart deals to the new owners to ensure monopoly-like conditions to maximise their profits.