Atlanta's water privatization was the largest privatization of infrastructure in the United States. Now that the contract is cancelled, what does this say for the future of water privatization?
"The privatization deal was the largest in the country. United Water pledged to improve the city's water services and save Atlanta $20 million a year.United Water didn't live up to those promises, but the city's claim that privatization wasn't saving any money is laughable. An audit released last week showed United was saving the city $10 million a year. Unfortunately for United Water, that's half the savings it promised. But in these tough financial times, when states are releasing prisoners early and raising taxes, saving $10 million a year on anything is a good start."
Thanks to George Passantino
FULL STORY: Pulling the Plug on Water Deal a Mistake
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