The lure is the supposed promise that privatization will deliver a
short-term budget fix. Yet many privatization efforts, as this Dispatch will
highlight, have cost taxpayers hundreds of millions of dollars and
botched services for the public. That privatization continues to move
forward despite such a poor track record reflects pure ideology that
the private market delivers the most efficient outcomes, even without
demonstrable results. Some states may also be making the more cynical
decision to pursue immediate short-term infusions of capital at the
expense of long-term financial cost in pursuit of short-term electoral
gains. In any case, privatization comes at the expense of long-term
investments in the community, sustainable budget policy and public
accountability.