Category Archives: analysis and opinion

Puerto Rico needs an IMF-style economic plan

  https://www.aei.org/publication/puerto-rico-needs-an-imf-style-economic-plan Desmond Lachman October 27, 2017 | Real Clear Markets Puerto Rico needs an IMF-style economic plan Economics, International Economics It would be an understatement to state that the hurricane-battered Puerto Rican economy is at serious risk of entering … Continue reading

Posted in analysis and opinion, Puerto Rico economic crisis, Puerto Rico necessary improvements | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The mess of Puerto Rico, long before Hurricane Maria hit the island

  http://takimag.com/article/the_mess_before_maria_steve_sailer The Mess Before Maria by Steve Sailer October 04, 2017 photo credit: Bigstock Puerto Rico is a test case of whether nationalism is as dispensable as the heightening conventional wisdom assumes. Puerto Rico possesses many of the attributes … Continue reading

Posted in analysis and opinion, culture and cycle of dependency, Hurricane Maria and after effects, Puerto Ricans and Puerto Rico people, Puerto Rico economic crisis, Puerto Rico politics and government | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 3 Comments

Puerto Rican CEO: Local government ‘corrupt’ and ‘totally inexperienced’ in Maria cleanup

http://www.foxnews.com/us/2017/10/01/puerto-rican-ceo-sends-engineers-to-help-fema-efforts-calls-local-pols-inept.html Puerto Rican CEO: Local government ‘corrupt’ and ‘totally inexperienced’ in Maria cleanup Jorge Rodriguez, CEO of PACIV  (Twitter) The head of an international engineering firm in Puerto Rico said in an editorial Saturday that when the time came to … Continue reading

Posted in analysis and opinion, Hurricane Maria and after effects, Puerto Rico > Venezuela > Socialism, Puerto Rico economic crisis, Puerto Rico politics and government | Tagged , , , , , , , | 3 Comments

What Puerto Rico Can Teach Us About the Minimum Wage

Minimum wages are contrary to free and fair markets.  If an unskilled person is not worth what an employer is forced to pay through unjust minimum wage laws, the employer will instead choose more automation or choose to not employ … Continue reading

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Puerto Rico debt crisis drives exodus to U.S.

Puerto Rico debt crisis drives exodus to U.S. Published on Aug 13, 2015 New austerity measures are imposing more economic pain on U.S. territory Puerto Rico, which already has a poverty rate almost double that of America’s poorest state. In … Continue reading

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Puerto Rico cannot compete with other Caribbean islands due to the Jones Act, minimum wage laws, excessive debt, per Peter Schiff

Puerto Rico cannot compete with the other Caribbean islands due to the Jones Act, minimum wage laws, excessive debt, per Peter Schiff.  His mains recommendations are to eliminate the Jones Act, eliminate minimum wage laws, restructure the debt.

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Puerto Rico’s May 1 protest, strike leads to unnecessary destruction

Sure, some people are upset and angry with austerity measures.  However, property destruction will not help the situation.  Puerto Rico is million’s poorer due to the needless destruction and damage, business interruption, increased police presence.  Protests should be peaceful and … Continue reading

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