Overcrowding, old facilities, and large budgets were growing to be a major problem in our public correctional facilities in the late eighties. Our government needed to find a better way to build and maintain prisons. The answer came in the idea of privately built and run prisons. Now this hasn't completely solved the overspending on corrections but it has saved the government and taxpayers a lot of money. I am going to show the positives of private prisons that illustrate why I believe they are the best way to maximize efficiency while minimizing costs.
A privately run prison can be thought of as a hotel for prisoners, but the bill gets picked up by the state. A private prison company's main goal is to make money by housing as many criminals as their facility will allow. These companies invest in building a new prison and then the government pays them a per diem per inmate to lock them up. This benefits the government in several ways because they aren't stuck with a huge bill to build the prison and they only pay when they put someone away. The company wants to make money, but they don't have control over how many inmates they receive, and the government doesn't want to pay any more than th