New Report Documents How Privatization Steals Wages, Harms Communities
"The report, "Race to the Bottom: How Outsourcing Public Services Rewards Corporations and Punishes the Middle Class," makes the case that when private contractors make huge profits from taxpayer dollars, money is often sucked out of local communities. Dollars that used to go to employees are sent to shareholders instead, harming communities as local workers have less to spend. Taxpayers take another hit when employees, who used to have access to health care and good wages, now have to rely on food stamps and Medicaid to survive."
