Taxpayer Subsidies = Lazy Thinking

Every operation that is subsidised by taxpayers should be investigated - whatever it is and however much it is a 'sacred cow' (though I think Mr Quayle said there would be none of those).

The danger with subsidies being handed out by taxpayers every year is that the incentive to do things more effectively and to improve productivity gradually gets dissipated.

So whether it is farming, buses, airport and harbours, horse trams, railways and tram, Manx Radio, the abattoir etc...it is lazy management to allow them to automatically get taxpayer bail outs every year.

Good managers are paid to manage the challenge of making businesses run profitably and to involve staff in that and bring them along.

Every operation subsidised by taxpayers should be identified on a publicly available listing. They should be told that if they want to stay on the public payroll they will be given two years to become profitable.

Minds need to be focused.

Why the contribution is important

Handing out taxpayer money year after year has real dangers of institutionalising business failure and of stopping people focusing on how to do it better.

There appear to be very substantial subsidies being paid out by taxpayers - into £ - 8 figures before the decimal point.

by dpfellows on April 11, 2017 at 09:55PM

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Comments

  • Posted by LeanGreen April 11, 2017 at 22:20

    Laxey Glen Mills is another one. Only £40,000 but they seem to get it every year.
  • Posted by OldSailor April 12, 2017 at 16:03

    Agree. If any business currently receiving a subsidy claims it will only provide that service on the basis of the taxpayer's subsidy then every potential competitor business must be able to tender for the subsidy so that government can be satisfied it is getting the best value for money out of that subsidy.
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