The federal government announced about $2.1 billion in new spending on essential services for Indigenous people in its spring economic update on Tuesday.
https://www.cbc.ca/news/indigenous/spring-update-indigenous-services-9.7180393?cmp=rss
@Susan60
Also true. The fetish for the private sector!! 🤑Why can’t we move on? Time & time again we learn through bad experience that the private sector provision of essential goods & especially services, has to be regulated, monitored, & experience consequences when it does the wrong thing. Perhaps when all that is added together, in some ‘Social Economics’ or ‘cost benefit analysis’ that actually includes all the externalities, it will be found to be a more effective use of public monies to offer services through public sector structures. 🤔
Oooo now I feel I’m ranting!!
#SocialEconomics #PrivateSector #PublicSector #essentialGoods #essentialServices # CostBenefitAnalysis #externalities #PublicMonies #Taxation
Have you seen this? - Water is essential and help is available 💧
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Britain’s Cost of Living Crisis: The Impact of Privatisation on Essential Services
The cost of living crisis in Britain, characterized by soaring energy, water, and transport bills, is a central issue in the nation’s politics. Mathew Lawrence argues that this crisis is not solely due to external factors like global energy prices or climate disruptions but is exacerbated by the str... [More info]