Privatizing bridges, ferries and roads is one way to fund new projects and upkeep. But it isn't necessarily a good deal for taxpayers, according to a series of articles in BusinessWeek.
The magazine could also have considered British Columbia, where the governing BC Liberals have pushed privatization of health care, transport and other services. Just today there's an example of how the results have been mixed.
It would be interesting to see analysis of how these deals could be structured on a local level to better benefit the community as well as investors. What terms can be required? What can the rest of Cascadia learn from B.C.'s example?