Tag Archives: financial

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

Posted in economic crisis, population changes in Puerto Rico, Puerto Ricans and Puerto Rico people, Puerto Rico economic crisis | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Puerto Rico goes to the polls for statehood

  http://thehill.com/latino/336667-puerto-rico-goes-to-the-polls-for-statehood Puerto Rico’s government is banking on a push for statehood to solve the structural issues that led to its financial crisis. Puerto Ricans will vote Sunday to decide the territory’s status. If statehood wins, as expected, the island … Continue reading

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Puerto Rico Woos Home Buyers – WSJ 11-19-15

Incentives change behavior, whether for good or bad. https://www.wsj.com/articles/puerto-rico-woos-home-buyers-1447947744 Puerto Rico Woos Home Buyers Financial incentives are luring home buyers to Puerto Rico, where some jumbo loans have lower down-payment requirements than those in the states. Illustration: Chris Gash By … Continue reading

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Minimum wages price people out of jobs

Because WalMart and McDonald’s are so dominant and well-known, they make easy targets.  However, forgotten are the millions of small businesses that also have to comply with minimum wage laws.  In any case, the higher the minimum wage, the fewer … Continue reading

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