4 ms·
~12.5% margin for CCA in 2015 [1]. I suspect that $227M could manage to pay for bringing some fresh produce into the commissary. Edit: not to mention the $890K
by steveax 10y ago
~12.5% margin for CCA in 2015 [1]. I suspect that $227M could manage to pay for bringing some fresh produce into the commissary.
Edit: not to mention the $890K they spent on lobbying.
[1]: http://media.corporate-ir.net/media_files/IROL/11/117983/2015%20Annual%20Letter%20to%20Shareholders%20-%20Final.pdf http://media.corporate-ir.net/media_files/IROL/11/117983/201...
- danieltillett 10y agoThis is not a great margin given the capital requirements and political risks. It would be hard for a new non-profit to get to their efficiency without scale and even if you did it would not free up anywhere near the resources required to make major changes in prisoner treatment. The basic problem is still the tiny amount spent per prisoner on anything other than keeping them locked up. We need to spend more if we want them to not just be heading straight back to jail.