It’s the whole neoliberal “sell everything not nailed down” approach to government infrastructure that was taken right across the Western world, even from ostensibly left-wing parties. Turns out you can get some cheap money from selling things off and get to brag about a surplus. Who cares that you eventually run out of things to sell and are left with expensive infrastructure and services that only private companies can profit from, that’s a future government’s problem!
It’s the whole neoliberal “sell everything not nailed down” approach to government infrastructure that was taken right across the Western world, even from ostensibly left-wing parties. Turns out you can get some cheap money from selling things off and get to brag about a surplus. Who cares that you eventually run out of things to sell and are left with expensive infrastructure and services that only private companies can profit from, that’s a future government’s problem!
Sell things that you’re making profit off of to make money quickly instead of making money long term? Genius!
Politicians can spin that they fixed the budget if they’re not concerned about the inevitable time-bomb they’re handing the next administration!