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Nationalisation of public services could save £13billion every year

Summary:
Research based on studies by Greenwich University has revealed public ownership of services such as broadband, buses, energy and NHS could save billions for the tax payer New polls suggest the Tories have a 19% lead. Labour is offering a really good deal, but many voters reject it, why? For one thing, it is the anti-Labour bias in most of the media, and also people have been told we can't afford it, although Labour's spending plans are only midway compared to the rest of Western Europe.People naturally hate debt, so they think the government should scimp and save too. But almost every business that has become successful started out on loans, and no one would own a home without one either.It would be easy to educate people about government investment if we had a media that wasn't almost

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Research based on studies by Greenwich University has revealed public ownership of services such as broadband, buses, energy and NHS could save billions for the tax payer


New polls suggest the Tories have a 19% lead. Labour is offering a really good deal, but many voters reject it, why? For one thing, it is the anti-Labour bias in most of the media, and also people have been told we can't afford it, although Labour's spending plans are only midway compared to the rest of Western Europe.

People naturally hate debt, so they think the government should scimp and save too. But almost every business that has become successful started out on loans, and no one would own a home without one either.

It would be easy to educate people about government investment if we had a media that wasn't almost entirely owned by oligarchs, most of whom aren't even British, or live in the UK.

Public ownership of rail, water, energy, buses, Royal Mail, broadband and the NHS would save the UK nearly £13billion every year, a study has found.

Daily Mirror 

Nationalisation of public services could save £13billion every year

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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