jdlech

High Incarceration Rate Weighing On U.S. Economy, with Upside for Corrections Corp.

Making prisoners pay for their own incarceration seems vaguely remeniscent of the labor camps of WWII. There's no question that profiling is a self fulfilling prophesy and that incarceration rates shall only continue rising in America. Eventually, our ultra conservative society (compared to the rest of the world) will resort to more harsh treatment of these prisoners to make them 'pay their way'.
That said, the economically rational mind would buy CXW. Morality has nothing to do with making money. As messed up as I think our society is becoming - and I really think this is messed up - the pursuit of profit dictates that CXWs business plan is a good one.