Monthly Archives: July 2015

Memo To The Fight For $15: Puerto Rico Happens With A Too High Minimum Wage

The real minimum wage is $0 per hour because when employers cannot justify paying someone who is worth $2/hour while training them the required $7/hour or whatever the minimum wage, they will not employ that person at all. Thus, that … Continue reading

Posted in analysis and opinion, minimum wage laws are harmful to society, Puerto Rico economic crisis | Tagged , , , , , , , , , , , , | Leave a comment

Economic hardships in Puerto Rico spur a mass exodus to the U.S. mainland

“The government gives money to the people who don’t work, to those doing drugs, living on welfare,” she said. “I’m not willing to do that anymore.” Taken to its logical conclusion, rewarding bad behavior by rewarding non-workers, yet punishing workers, … Continue reading

Posted in population changes in Puerto Rico, Puerto Rico economic crisis | Tagged , , , | Leave a comment

Economic exodus means two-thirds of Puerto Ricans may soon live in US

I thought the water rationing was solely because of the drought, wholly unrelated to the debt problem. http://www.theguardian.com/world/2015/jul/02/puerto-rico-economy-exodus-us-mainland Alan Yuhas in New York @alanyuhas Thursday 2 July 2015 07.00 EDT Economic exodus means two-thirds of Puerto Ricans may soon live … Continue reading

Posted in culture and cycle of dependency, population changes in Puerto Rico, Puerto Ricans and Puerto Rico people, Puerto Rico economic crisis | Tagged , , , , , | Leave a comment