Privatising public sector services is a redistribution of wealth (Part 2).........

...For those right wingers on here I have thought of a better analogy ....

A family run small hotel generates a profit after costs taxes and wages of £100k

The staff consists of husband wife and 3 grown up children. They live on the premises.

It is considered that the business could be improved as profits have been falling year on year. The problem has been identified as staff/ process inefficiency. Do you :

1 Outsource and bring in outsiders to run the hotel making your family redundant (or get new company to employ them at reduced wages)?
2 Invest in reskilling and retraining of staff who can then improve systems, engage with negotiate existing contracts with suppliers etc.?

Bit of a no brainer for me? How about you??