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Corrections Corporation of America Message Board

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  • newMK newMK Jun 19, 2001 9:12 AM Flag

    aging and the future of prisons...

    Here are just a couple sites that discuss the "echo boom" (bigger and longer-lasting than the original baby boom). What's happening in schools should be mirrored in prisons (unfortunately).

    Notice the implication of immigration, another factor that also influences prison populations.

    http://www.ed.gov/pubs/bbecho99/

    http://www.americanpatrol.com/SCHOOLS/BABYBOOMECHOTHOM090897.html

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    • Thanks for those links. I am very interested in demographics and subscribe to a newsletter published by Harry Dent Jr. He is an economic historian, who specializes in studying the relationship between demographics and the economy. First heard him when he spoke at a Merrill Lynch seminar. At one point he said that the Dark Ages was the worst recession in history. That statement caught my attention. IMHO that kind of connection comes from the mind of an accomplished scholar. I was fascinated. His theory of demographics for the next 10 years is what I use as a basis for investing. I do not keep back copies, so I will post his website around July 10 for anyone interested. He is behind my purchase of CXW and CPV. According to his projections, there will be plenty of people at the right age for getting into trouble with the law. His book is availabe in bookstores. THE LONG BOOM AHEAD. The sectors that he believes will lead during the next 5 years are: financial services, healthcare, technology and real estate. He does not mention prisons per se, but he says a lot about services.

 
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