Got a look at some informational flyers from the 1990s about the economic impact of PVTA; mostly familiar stuff but some Orwellian bits too
Don't think this is a shareholders thing--it's not about enriching private sector, just about appeasing taxpayers.
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The "private" companies involved here are de facto state enterprises. They don't turn any profit and require public funding.
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It's just that taxpayers would rather be told that we're creating "private sector" jobs than know how it actually works.
End of conversation
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