gedaliyah@lemmy.world to Today I Learned@lemmy.worldEnglish · 5 months agoTIL Private Prison stocks skyrocketed when Trump was first electedwww.thestreet.comexternal-linkmessage-square13fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-linkTIL Private Prison stocks skyrocketed when Trump was first electedwww.thestreet.comgedaliyah@lemmy.world to Today I Learned@lemmy.worldEnglish · 5 months agomessage-square13fedilink
minus-squaresafesyrup@lemmy.hogru.chlinkfedilinkEnglisharrow-up0·5 months agoIt sounds so utterly ridiculous to have a publicly traded prison
minus-squaresomeguy3@lemmy.worldlinkfedilinkEnglisharrow-up0·edit-25 months agoWell you see, it introduces efficiencies because there will competition and incentives for CEOs to seek innovative, private industry knowledge and ok I’m done /s.
minus-squareAdmiral Patrick@dubvee.orglinkfedilinkEnglisharrow-up0·5 months agoYou missed “synergize backwards overflow” but other than that, I think you hit most of the business buzzwords.
minus-squaregivesomefucks@lemmy.worldlinkfedilinkEnglisharrow-up0·5 months agoYou think that’s bad? Food in most county lockups is so bad, be use of the way it’s funded. The Sheriff gets paid like $10/day/prisoner, and then they pay for the food. So there’s a direct financial incentive for them to keep the jail at capacity and provide the cheapest possible meals.
minus-squaremecfs@lemmy.worldlinkfedilinkEnglisharrow-up0·5 months ago‘murica the land of vested interests
minus-squareSineljora@sh.itjust.workslinkfedilinkEnglisharrow-up0·5 months agoEven more ridiculous when mutual funds and 401ks invest in them.
It sounds so utterly ridiculous to have a publicly traded prison
Well you see, it introduces efficiencies because there will competition and incentives for CEOs to seek innovative, private industry knowledge and ok I’m done /s.
You missed “synergize backwards overflow” but other than that, I think you hit most of the business buzzwords.
You think that’s bad?
Food in most county lockups is so bad, be use of the way it’s funded.
The Sheriff gets paid like $10/day/prisoner, and then they pay for the food.
So there’s a direct financial incentive for them to keep the jail at capacity and provide the cheapest possible meals.
‘murica the land of vested interests
Even more ridiculous when mutual funds and 401ks invest in them.