Re:US prison workers produce $11B worth of goods and service...
by smthg2say624 on Saturday June 18, 2022 @03:07AM
(#31787805)
I think it's very unlikely to be profitable. 11B/1M incarcerated (from the article) means a gross product of 11k per person. I would argue that while that might be enough to sustain one prisoner's marginal cost to the system, it doea not look high enough to sustain fixed costs of the prison system.
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Re:US prison workers produce $11B worth of goods and service...
by leereeves on Saturday June 18, 2022 @10:48AM
(#31790281)
> I think it's very unlikely to be profitable.
You're right, it's not profitable for the government (although it probably is profitable for some private prisons who also receive money from the government).
"The U.S. spends $81 billion a year on mass incarceration, according to the Bureau of Justice Statistics, and that figure might be an underestimate."[1]
1: https://www.pbs.org/newshour/economy/the-u-s-spends-billions...