% | $
Quotes you view appear here for quick access.

Corrections Corporation of America Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • gold32h20 gold32h20 May 16, 2011 10:57 PM Flag

    What in this world happened today?

    California budget has to cut prison spending. That's almost 20% of CXW. CA is going to more fines, probation, early release and pushing inmates onto city jails. None of that helps CXW. Movement toward relaxing drug laws won't help,aging population does not lead to higher prison population. Broke states are slashing spending on prisons and it is cheaper to not put someone in jail at all than to outsource it. Crime rates have fallen for 4 years, prison populations have fallen for two now. CA is what hit today

25.91-0.05(-0.19%)Nov 25 4:01 PMEST