Leaving aside the observation that the term “public-private” partnership is an oxymoron, the fact is that such an arrangement is merely a cover for corporate welfare.
The proposal by Gov. Pat McCrory’s Department of Commerce to “privatize” several functions is a case in point. Republicans either are afraid to stand up for the values they supposedly believe in, or do not understand what “private” means. (“Speed, sweep of NC Commerce restructuring raise concerns,” News & Observer, Dec. 6)
Using “authority” supposedly granted in a brief, vaguely worded section in the budget bill – and guidelines in a bill that did not even pass the General Assembly – Commerce Secretary Sharon Decker created a public-private partnership called the Economic Development Partnership of North Carolina.