While economic improvement in the US are slow, it’s still gloom and doom when it comes to the big fiscal picture. Many people are trying to make ends meet in these hard times, but an enormous industry is cashing in.
It’s the business that keeps people behind bars
Private prison companies, however, essentially admit that their business model depends on locking up more and more people. For example, in a 2010 Annual Report filed with the Securities and Exchange Commission, Corrections Corporation of America (CCA) stated: “The demand for our facilities and services could be adversely affected by . . . leniency in conviction or parole standards and sentencing practices . . . .” As incarceration rates skyrocket, the private prison industry expands at exponential rates, holding ever more people in its prisons and jails, and generating massive profits.
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