Tag Archives: government

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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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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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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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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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

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Puerto Rico’s bankruptcy leaves US island facing hard times

https://www.yahoo.com/news/puerto-ricos-bankruptcy-leaves-us-island-facing-hard-020039188.html Puerto Rico’s bankruptcy leaves US island facing hard times Elodie CUZIN AFPJune 6, 2017 View photos People walk past murals protesting the state of the economy in San Juan, Puerto Rico, as the former Spanish colony of 3.5 million, … Continue reading

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