Current Events — HabitableZone

Current Events

If "privatization" means "Halliburton", it also means "more expensive".

Sometimes, government is the answer
Thanks to Halliburton, U.S. taxpayers are getting an expensive lesson in the costs of private contractors.
By Moshe Adler, MOSHE ADLER teaches economics in the department of urban planning at Columbia University.
March 4, 2006

"THE PENTAGON'S Defense Contract Audit Agency discovered that Halliburton Co. subsidiary Kellogg, Brown & Root paid $208 million too much for transporting oil to Iraq for the Army. But that is not all that it discovered. It also found that the government functions better when government employees, not private contractors, perform its tasks."

Under this administration, "privatization" means "shovel money to friends".

Arf

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