Tag Archives: bureaucracy

Bureaucracy is the enemy of growth

Puerto Rico wages are lower that the lowest state, Mississippi.  An argument can be made that Puerto Rican wages are TOO HIGH, based on the low productivity and inefficiencies in conducting business with the government in PR. https://www.elnuevodia.com/english/english/nota/bureaucracyistheenemyofgrowth-2525937 Bureaucracy is … Continue reading

Posted in analysis and opinion, culture and cycle of dependency, DMV aka DTOP, economic crisis, government offices, incompetence and mismanagement, minimum wage laws are harmful to society, Puerto Ricans and Puerto Rico people, Puerto Rico economic crisis, Puerto Rico necessary improvements, Puerto Rico Puerto Rican unprofessionalism makes it difficult to conduct business | Tagged , , , , , , , | Leave a comment

How dependence on corporate tax breaks corroded Puerto Rico’s economy

http://www.reuters.com/investigates/special-report/usa-puertorico-economy Puerto Pobre How dependence on corporate tax breaks corroded Puerto Rico’s economy By Nick Brown Filed Dec. 20, 2016, noon GMT The island bet on multinational manufacturers, who bailed when the U.S. repealed a key tax incentive. Meanwhile, frustrated … Continue reading

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