Re:America's Prison Population Is in Serious Decline
by matthewdgreen on Thursday June 26, 2025 @01:55AM
(#44384556)
The prison industry is very profitable and influential. If prison populations are dropping naturally, you might imagine that politicians might start looking for some new population to incarcerate.
[ Parent
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Re:America's Prison Population Is in Serious Decline
by FredPret on Thursday June 26, 2025 @01:15PM
(#44389303)
No it isn’t.
One of the biggest ones, GEO, only made $30m last year with a margin of 1.1%.
Another one, CXW, made $84m.
SSTI is losing money.
Microsoft makes $284m… per day.
Re:America's Prison Population Is in Serious Decline
by matthewdgreen on Friday June 27, 2025 @12:24AM
(#44393691)
Have you compared Microsoft’s published lobbying budget to that of the private prison industry?
Re:America's Prison Population Is in Serious Decline
by hiatus on Friday June 27, 2025 @09:15AM
(#44396568)
Microsoft spent ~8x on lobbying compared with GEO group.
https://www.opensecrets.org/orgs/microsoft-corp/summary?id=d... https://www.opensecrets.org/orgs/geo-group/summary?id=D00002...