The personal vendetta, while probably true on some level, seems too easy of an answer.
This is one of many privatization initiatives this administration is going to take.
The focus initially will be to find government run agencies that can be profitable in the private sector. Think in terms of toll roads/bridges for infrastructure, air traffic control and student loans to name a few.
Whether or not if privatization is the right answer is debateable but it is probably going to happen in one form or another.
The question is: Who will benefit by owning these companies?
Look to the privatization of the USSR as a worst possible outcome. Large former government run industries given to private ownership that instantly created a strong oligarchy class.
How well has democracy worked in Russia since that happened?
> How well has democracy worked in Russia since that happened?
It's worked great for the oligarchs! I honestly think the Republican party sees that as the ideal outcome: create a strong kleptocratic class that can use their wealth to perpetuate Republican control.
The article said this would be a non-profit company... but then again this is the US and look at all the non-profit multi millionaire preachers. Or the non-profit Goodwill with exorbitant salaries for execs.
not quite; a Republican Congressman has had this plan ready to go for some time, and it fits the theme of "infrastructure" so it was easy to do an announcement about it.
It would have to have been from before his presidency - he doesn't fly around on a private jet anymore but a US Air Force plane that, not only because of the fact of it being a military plane, but also because it is the most important military plane when he's on it, is the exception to most air traffic control rules.
The focus initially will be to find government run agencies that can be profitable in the private sector. Think in terms of toll roads/bridges for infrastructure, air traffic control and student loans to name a few. Whether or not if privatization is the right answer is debateable but it is probably going to happen in one form or another.
The question is: Who will benefit by owning these companies? Look to the privatization of the USSR as a worst possible outcome. Large former government run industries given to private ownership that instantly created a strong oligarchy class.
How well has democracy worked in Russia since that happened?