Tag Archives: free markets

What happens if Puerto Rico increases the minimum wage? What are the consequences? More poverty, more unemployment

A well-meaning, but misguided reader suggests that minimum wages protect employees and employers. “The minimum wage was established to protect both the employees and employers from taken advantage of the other. When it is too high cost of living and … Continue reading

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Obamacare Pushing Puerto Rico Further Into Social Welfare State, Doctors Warn

http://latino.foxnews.com/latino/money/2013/12/13/obamacare-pushing-puerto-rico-further-into-social-welfare-state-doctors-say /static/v/all/js/html5shiv.js Obamacare Pushing Puerto Rico Further Into Social Welfare State, Doctors Warn By Bryan Llenas Published December 13, 2013 Fox News Latino Getty Images People in the U.S. territory of Puerto Rico may not be grappling with the botched … Continue reading

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