Historically, the trend is favorable
for private prison companies.
Not exact matches
And within a span of six weeks this fall, Hillary Clinton caused a drop in biotech stocks with a tweet calling
for greater regulation of drug prices, then single - handedly tanked stocks of
private - corrections
companies when she tweeted about
prison reform.
Private prison companies have been preparing
for such a moment by shifting their focus to ICE facilities, many of which are already run by
for - profit entities and house immigration detainees, according to Petrella.
Conducting field research
for my upcoming book, I found that it is rare
for contracts with
private prison companies to demand fresh thinking, recidivism reduction, and outcomes that outperform the public sector.
CoreCivic, one of the largest U.S.
private prison companies, has shelved a proposal to build a detention facility
for undocumented migrants in Indiana after a series of community protests.
Not just
for construction
companies but
for such
private enterprises as the Corrections Corporation of America, a Tennessee - based
company that is leading the way in the exorbitant campaign to turn all
prisons over to
private enterprise.
Paying
private companies to run
prisons, with more cash
for those firms which achieve reduced reoffending rates, will now become the centrepiece of the government's approach.
One of the flagship policies of the last few months of the coalition government was the introduction of an additional compulsory one year supervision by the
private companies for anyone sentenced to
prison for a short period.
The
company advocates
for TD Bank, Waste Management, T - Mobile USA,
private prison operator Geo Group and scaffolding and demolition magnates Greg and Lawrence Blinn.
Private prison companies spent nearly $ 3.5 million on federal lobbying in 2017, according to the Center
for Responsive Politics.
Fitch also asserts that the
company might have some running room on
prison construction, because «the cost
for states to build, operate or repair facilities remains significantly higher than those of the
private operators.»
The
prison is operated
for the state of Texas by a
private company.
It calls
for divesting from
private prisons and immigrant detention centers,
companies which violate indigenous sovereignty.