Tag Archives: labor force

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By Nick Brown Filed Dec. 20, 2016, noon GMT The island bet on multinational manufacturers, who bailed when the U.S. repealed a key tax incentive.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

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Where’s the Long-Term Plan for Puerto Rico’s Fiscal Crisis?

USA overall labor force participation rate 63% vs 40% in Puerto Rico because far more able-bodied people in PR are choosing not to work, instead choosing to live on welfare. http://blogs.wsj.com/washwire/2016/01/04/wheres-the-long-term-plan-for-puerto-ricos-financial-crisis Where’s the Long-Term Plan for Puerto Rico’s Fiscal Crisis? … 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