Open Veins: Jailing Immigrants Makes Business Boom

“This fascinating article by Meredith Kolodner in The New York Times looks at the huge economic boom the increase in immigration enforcement and detention is having and will continue to have for private companies that run prisons on taxpayer dollars. Kolodner calls out The Corrections Corporation of America and the Geo Group as running 8 of the 16 current federal detention centers for immigrants — as well as some county jails — and as standing to gain most from increased business. The companies’ shares have already been climbing impressively on Wall Street.

The article makes clear that the increase in detained immigrants does not owe its cause to an increase in undocumented immigration but rather to an increase in enforcement and a decline in releasing captured undocumented immigrants on their own recognizance. “

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