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February 9, 2012

"Are America's Prison Towns Doomed?"

The title of this post is the headline of this interesting piece via The Altantic.  Here is a brief excerpt:

[M]uch like the real estate market crash of the last ten years, the belief that the incarceration market was recession-proof and could only rise is being proved wrong. Declining crime rates are leaving more prisons empty. There isn't enough crime to keep the prison industry afloat as it currently stands.

To save money, more states are moving their prisoners back to state-run facilities when space is available. Without prisoners, the private companies managing the facilities are leaving. And the small towns who bet on an ever-growing incarceration rate are left further in debt with few sources of capital.

February 9, 2012 at 09:09 AM | Permalink

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