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Emeritus Prof Christopher May

Interestingly Trump's demand for consultants with Govt. contracts to show taxpayers wee getting value for money, has quickly prompted large consultancies to identify where fees could be reduced, including stripping out in-contract 'agreed' prices rises for outsourcing.

That these 'savings' appeared so quickly suggests that these large firms have been price gouging the state for years (a suspicion held by many).

Perhaps this is one Trump policy Keir Strarmer *should* adopt?


h/t FT

@ChrisMayLA6 these days anyone contracting the Big 4 or equivalent for anything other than an audit where scale indicates (and that’s a separate serious issue) should just be fired instantly for gross incompetence. The value on offer is appalling: and execs hiding behind ‘no one gets fired for hiring IBM’ manifestly are not decision makers needing a big salary. The cleaner could hire expensive consultants to make their decisions after all.

@ChrisMayLA6

To me, the fact they appeared so quickly is that Trump is lying.

Giving his track record of veracity, it is a near certainty. I don't believe a word he says until there is verified evidence.

@TCatInReality

As I understood it the statements had come from the consultants not Trump, but I may be wrong?

@ChrisMayLA6

I'm not familiar with this story, so I don't know the source.

But, it would also be no surprise that people say what Trump wants them to say, so they gain his favour. It may not be true.

@TCatInReality

Yes, that's fair - their submissions on what they can do to reduce costs is not necessarily the same as actually reducing them!

@ChrisMayLA6 @TCatInReality

Trump's only interest is,
"What's in it for ME!"

@ChrisMayLA6 @TCatInReality

Yes, It's hard to hear out on the
Golf Course...

@ChrisMayLA6 This is the truth! The public sector are very inept and incompetent when it comes to negotiations and the realities of business.

The reason is that it attracts less competent people who want to live off tax payers money, and very often have not worked a single day in their lives in the private sector.

That is why private sector guys they run circles around the public sector.

I remember when I was working at a global IT house, one of my biggest customers bought disk drives from

@ChrisMayLA6 me, and I had about a 90% margin on those disk drives towards the end of the contract. It ran for 7 years, and break even was after 2.5 years, so 4.5 years of selling computer hardware at extremely attractive margins.

This is why socialism never works, and why the public sector is destined to failure.

You might say, oh, but change the rules, but the problem is that that is a reactive change. The private lawyers will always find new loop holes way before the public plugs the hole.

@h4890

yes, there is certainly an asymmetry in negotiation skills (that is clear across so many areas)....

@ChrisMayLA6 But this can be fixed with privatization!

And I'm talking smart privatization, not the classic case where the government thinks it is smart to privatize a sector that has a monopoly, and then act surprised when prices sky rocket (hello swedish electricity grid!).