Tag Archives: billion

Puerto Rico to Vote Sunday on Statehood 6-9-17 WSJ.com

https://www.wsj.com/articles/puerto-rico-to-vote-sunday-on-statehood-1497026520 Puerto Rico to Vote Sunday on Statehood Nonbinding election comes as U.S. territory fights creditors after declaring what amounts to the country’s largest-ever municipal bankruptcy By Arian Campo-Flores June 9, 2017 12:42 p.m. ET 133 COMMENTS Voters in Puerto … Continue reading

Posted in Puerto Ricans and Puerto Rico people | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

How Free Electricity Helped Dig $9 Billion Hole in Puerto Rico

Puerto Rico giving away electricity for free and Venezuela giving away products like gasoline for almost free are terrible policy mistakes. Such Socialistic policies are destructive because they do not allow the free market to assign the correct prices for … Continue reading

Posted in analysis and opinion, culture and cycle of dependency, economic crisis, Puerto Rico > Venezuela > Socialism, Puerto Rico economic crisis | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment