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And how much do you pay for it?
by the_mitsuhiko 10y ago
And how much do you pay for it?
- rayiner 10y agoEngland's water system was privatized in the 1980s, and prices went up significantly. But that's also kind of the point. One of the reasons U.S. water infrastructure is so bad is that bureaucrats set the water/sewer rates too low to appropriately fund upgrades.[1] Regulators set rates way too low, because they'd rather poison children (who don't vote) with lead than raise water rates on grandmas (who do vote). [1] https://www.epa.gov/sustainable-water-infrastructure/pricing-and-affordability-water-services https://www.epa.gov/sustainable-water-infrastructure/pricing...
- the_mitsuhiko 10y agoI don't think that "too cheap" is an issue because the state can put subsidies in place. The core issue is lack of oversight and that can happen in public and private environments.