Tag Archives: budget

Debt Alone Won’t Crush Puerto Rico. Depopulation Is the Curse.

https://www.bloomberg.com/view/articles/2017-10-06/debt-alone-won-t-crush-puerto-rico-depopulation-is-the-curse Debt Alone Won’t Crush Puerto Rico. Depopulation Is the Curse. Erasing the island’s bond obligations would not be sufficient, if migration continues. by Megan McArdle October 6, 2017, 10:00 AM GMT-4 The trend lines in Puerto Rico are going … Continue reading

Posted in culture and cycle of dependency, Hurricane Maria and after effects, population changes in Puerto Rico, Puerto Rico economic crisis | 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 Rico struggles to save historic buildings amid crisis

Another consequence of fiscal irresponsibility. http://abcnews.go.com/International/wireStory/puerto-rico-struggles-save-historic-buildings-amid-crisis-48367251 Puerto Rico struggles to save historic buildings amid crisis By danica coto, associated press ·SAN JUAN, Puerto Rico — Jun 30, 2017, 2:30 AM ET In this June 22, 2017 photo, architect Andy Rivera … Continue reading

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Puerto Rico statehood push faces long odds

  http://thehill.com/latino/338219-puerto-rico-statehood-push-faces-long-odds Puerto Rico statehood push faces long odds By Rafael Bernal – 06/17/17 08:55 AM EDT 114   © Getty Images Puerto Rico’s government made a huge political gamble on mounting a credible campaign for statehood, a proposition that … Continue reading

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Puerto Ricans Face ‘Sacrifice Everywhere’ on an Insolvent Island

https://www.nytimes.com/2017/05/06/us/puerto-rico-insolvency-business-owners-anxiety.html Puerto Ricans Face ‘Sacrifice Everywhere’ on an Insolvent Island By FRANCES ROBLES MAY 6, 2017 Workers at the Río Piedras terminal in San Juan, Puerto Rico, face waning business. Transportation businesses have been hurt by the economic crisis as … Continue reading

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P.R. ranks dead last in fiscal solvency among U.S. states

P.R. ranks dead last in fiscal solvency among U.S. states Written by Michelle Kantrow  //  June 2, 2016  //  Economy A study by the Mercatus Center at George Mason University released Wednesday showed that on the basis of its fiscal … Continue reading

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Helping Puerto Rico may start a whole new wave of bailouts

http://nypost.com/2016/03/22/helping-puerto-rico-may-start-a-whole-new-wave-of-bailouts Helping Puerto Rico may start a whole new wave of bailouts By Betsy McCaughey March 22, 2016 | 8:54pm If you have a retirement fund or pension, or you’re a taxpayer, get ready to have your pockets picked. The … Continue reading

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