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Recessions in everything

You might think that being locked up in prison for the duration of the recession might protect you from its effects. Nope:

[B]lack market prices were suddenly going through the roof. The price of a deck of smokes tripled. There was an actual economic reason about this. I went away in Michigan, where a lot of people lost their houses, mostly poor people already. When they had to move away from the prison, it meant they couldn’t bring their loved ones as much contraband group, which meant the price of what there was sky rocketed. And the worse things got, the more the people who worked in the store would wonk and take home with them, which meant stocks ran low which [screwed] us even further.

Bet you didn’t read about that one in the Wall Street Journal.

Via Annie Lowrey.

By Ezra Klein  |  August 30, 2010; 1:16 PM ET
 
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Comments

The WSJ wasn't on the case, but the Onion sure was:
http://www.theonion.com/video/prison-economy-spirals-as-price-of-pack-of-cigaret,14327/

Posted by: Castorp1 | August 30, 2010 2:57 PM | Report abuse

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