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Prison, Inc - The Secret Industry

PRISON INC. The Secret Industry 101 102 103 There are PRISON VS JAIL 2.3 MILLION people living behind bars in the United States costing the federal government $55 BILLION Long-term facilities run by the state or federal government Locally-operated facilities that hold inmates for a short period of time every year PRISON: A GROWING INDUSTRY Big Business Between 1990 and 2010, the number of privately operated prisons in the US increased 1,600% Two of the biggest private prison companies in the country, Corrections Corporation of America and The GEO Group, made $3.3 BILLION 1990 2010 in annual revenue in 2012 Making up 24 $, 75% Private prisons bring in roughly $3 BILLION - OVER HALF of the private prison industry of this comes from holding facilities for undocumented immigrants in revenue every year prisons operated by 67 CCA in the US 50% or more of detainment facilities for immigrants are run by private prisons prisons operated by 95 GEO Group in the U.S. and abroad Cheap Labor THE GOVERNMENT PAYCHECK "LOCKUP QUOTAS" The prison industry makes money by contracting prison labor to private companies such as: Contracts guarantee that prison occupancy rates will stay at or above a specified level O BOEINC "LOW-CRIME TAXES" VICTORIA'S SECRET If occupancy rates are not fulfilled, the government pays for the empty beds Prisoners work in apparel, document conversion, call centers, printing and clean energy In contracts with the government, some private prison companies demand minimum occupancy levels of more than 90% A single prisoner's labor is worth between $.93 - $4 PER DAY PRICE PER PRISONER Average annual cost for correction expenses per inmate $168,000 $200,000 New York City in 2012 $150,000 $60,000 of that comes from $100.000 taxpayer money $28,323 2010 national $50,000 average $40,016 Harvard's full-time tuition $0 CRIME DOES PAY. BUT FOR WHOM? ONLINE-PARALEGAL-DEGREE.ORG Sources: shocking revelations_about_how_private_prisons_make_money_partner/ NOWSOURCING

Prison, Inc - The Secret Industry

shared by NowSourcing on Jan 26
Prisons are big business. You probably don't know what goes on in this secret financial empire.


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