Category Archives: culture and cycle of dependency

PAN, acronym for Nutrition Assistance Program, aka food stamps, welfare participants feel the effects of the cuts in Puerto Rico. Is $112 per month for food enough to survive?

Are these welfare programs sustainable? While $260 or even the lower $112/month is not much money for a food budget, this is still “free money” to the recipient, although it’s not really free, since it’s supported by other taxpayers who … Continue reading

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Rebuilding a Puerto Rico Barrio: ‘Dead Is the Only Way They’ll Ever Get Me to Leave’ – Vietnam neighborhood in PR

        Rebuilding a Puerto Rico Barrio: ‘Dead Is the Only Way They’ll Ever Get Me to Leave’ Hurricane Maria led to a host of new plans to fix island barrios plagued by chronic flooding. A look at … Continue reading

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Socialism’s Millennial fans don’t even know what it is

https://nypost.com/2019/03/03/socialisms-millennial-fans-dont-even-know-what-it-is Socialism’s Millennial fans don’t even know what it is By Post Editorial Board March 3, 2019 | 8:20pm Enlarge Image REUTERS Anyone who isn’t a socialist at 20 has no heart, but anyone who isn’t a conservative by 40 … Continue reading

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Puerto Rico is living an impoverished debt nightmare reminiscent of southern Europe or Detroit

https://qz.com/125654/puerto-rico-is-living-an-impoverished-debt-nightmare-reminiscent-of-southern-europe-or-detroit Puerto Rico is living an impoverished debt nightmare reminiscent of southern Europe or Detroit By Simone FoxmanSeptember 19, 2013 Puerto Rico’s poverty rate hit 44.9%, according to new data released today by the US Census Bureau—that’s nearly double the poverty rate … Continue reading

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Puerto Rico power, water utilities to suspend service to customers in arrears

https://caribbeanbusiness.com/puerto-rico-power-water-utilities-to-suspend-service-to-customers-in-arrears The freeloaders need to be cut off, because it is unsustainable for the utilities to survive when customers don’t pay their bills.  Why they never did this before?  Where is the common sense? Puerto Rico power, water utilities to … Continue reading

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Here’s how an obscure tax change sank Puerto Rico’s economy – Section 936 phased out over 10 years from 1996 to 2006

https://www.cnbc.com/2017/09/26/heres-how-an-obscure-tax-change-sank-puerto-ricos-economy.html Here’s how an obscure tax change sank Puerto Rico’s economy Even before a devastating hurricane brought Puerto Rico to a near standstill, the government there was struggling with an economy in shambles and a default on billions of dollars … Continue reading

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Tax Policy Helped Create Puerto Rico’s Fiscal Crisis

https://taxfoundation.org/tax-policy-helped-create-puerto-rico-s-fiscal-crisis Tax Policy Helped Create Puerto Rico’s Fiscal Crisis June 30, 2015 Scott Greenberg   Gavin Ekins Yesterday, the governor of Puerto Rico announced that his government’s $72 billion of debts are not payable, in advance of $1.92 billion in … Continue reading

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