Comments on: In defense of public-private partnerships Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 By: hobbys7 Thu, 25 Jul 2013 15:01:13 +0000 If i was on the investors side off corse the P3 are an excellent deal,no risk and high gain.The problem is that high gain on one part is a high loss on the other and guess who will lose at the end.If Detroit goes by that path will end with more debt and without some of is good accets

By: Flash1022 Thu, 25 Jul 2013 11:49:47 +0000 I am not convinced public-private partnerships are good.

Civil servants and elected officials are not necessarily good negotiators and may not have the business acumen as in the private sector.

When the private sector asks the public sector to help build a ball park or convention center, it is usually done to reduce the exposure to risk.

When the public sector does partner with the private sector, in these cases the risk should be equal and there should be benefits to the municipality like lower ticket prices.

What we do not want is the debasing of capitalism based on risk and reward.

That the private sector privatizes the profits and socializes the losses on the public sector.

The tax payer gets screwed.

As in our convention center in Lancaster, Pennsylvania.