Tag Archives: economic

Exodus From a Historic Puerto Rican Town, With No End in Sight

Exodus From a Historic Puerto Rican Town, With No End in Sight By FRANCES ROBLES JULY 16, 2017 An abandoned furniture store in Lares, P.R. The town in the mountainous heart of the Caribbean island has lost more people to … Continue reading

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US to cut water monitoring because of Puerto Rico debt

When you don’t pay your bills, your services get cut off.   Things like this make Puerto Rico more like Venezuela.  Socialism is mistakenly thought of as “great” until the money runs out.  People are short-sighted, voting for politicians who promise … 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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Many Puerto Ricans crave statehood — but the timing couldn’t be worse

  http://www.miamiherald.com/news/nation-world/national/article155313554.html June 09, 2017 2:09 PM Many Puerto Ricans crave statehood — but the timing couldn’t be worse By Jessica Campisi jcampisi@mcclatchydc.com WASHINGTON When Puerto Ricans vote Sunday on the political future for the U.S. territory, Gov. Ricardo Rosselló … Continue reading

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Far from NYC parade, Puerto Ricans to vote on island’s fate

http://nypost.com/2017/06/09/far-from-nyc-parade-puerto-ricans-to-vote-on-islands-fate Far from NYC parade, Puerto Ricans to vote on island’s fate By Danika Fears June 9, 2017 | 12:13am Thousands of Puerto Rican revelers clad in red, white and blue will hit the streets of New York City on Sunday … Continue reading

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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

Posted in analysis and opinion, culture and cycle of dependency, economic crisis, minimum wage laws are harmful to society, Puerto Rico economic crisis | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

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