Or the post office announcing that they will be open on Sundays with no additional funding. Such things simply do not happen in the public sector. Because private owners operate on a limited budget and want to maximize profits, they have incentive to both innovate and reduce waste. Government agencies, however, have no such incentives because they do not get to keep profits. Their budgets are determined according to political fiat, and if they lose money it does not come out of their paychecks.
Many people associate privatization with corporate greed.
They think that in the absence of regulation, prices will skyrocket as businesses try to make a buck. This perception is just plain wrong. First of all, deregulation leads to competition. In the absence of set prices, individual companies must compete for customers. Competition not only drives prices down, but brings service up.