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The prison industry is very profitable and influential. If prison populations are dropping naturally, you might imagine that politicians might start looking for
by matthewdgreen 1y ago
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.
- FredPret 1y agoNo 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.
- matthewdgreen 1y agoHave you compared Microsoft’s published lobbying budget to that of the private prison industry?
- hiatus 1y agoMicrosoft spent ~8x on lobbying compared with GEO group. https://www.opensecrets.org/orgs/microsoft-corp/summary?id=d000000115 https://www.opensecrets.org/orgs/microsoft-corp/summary?id=d... https://www.opensecrets.org/orgs/geo-group/summary?id=D000022003 https://www.opensecrets.org/orgs/geo-group/summary?id=D00002...