Tag Archives: market

Socialism’s Millennial fans don’t even know what it is

https://nypost.com/2019/03/03/socialisms-millennial-fans-dont-even-know-what-it-is Socialism’s Millennial fans don’t even know what it is By Post Editorial Board March 3, 2019 | 8:20pm Enlarge Image REUTERS Anyone who isn’t a socialist at 20 has no heart, but anyone who isn’t a conservative by 40 … Continue reading

Posted in culture and cycle of dependency, Puerto Rico > Venezuela > Socialism | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

The Next Crisis for Puerto Rico: A Crush of Foreclosures

The Next Crisis for Puerto Rico: A Crush of Foreclosures By MATTHEW GOLDSTEINDEC. 16, 2017 Moisés Martinez, with help from his grandson, cleaning out his home in San Juan, P.R., in October after Hurricane Maria destroyed it. A federal moratorium … Continue reading

Posted in hotels homes and apartment housing, Hurricane Maria and after effects | Tagged , , , , , , , , , , , , , , , | Leave a comment

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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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’s Slide 5-9-17 Bloomberg

https://www.bloomberg.com/quicktake/puerto-ricos-slide Puerto Rico’s Slide By Michelle Kaske | Updated May 9, 2017 1:54 PM UTC Puerto Rico has the population of Connecticut and an economy smaller than Nebraska’s. It also has more debt — $70 billion — than any U.S. state government except California, New … 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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Reviving Puerto Rico’s Cocoa Farms, Centuries After Hurricanes Destroyed Them

http://www.npr.org/sections/thesalt/2017/03/01/516913761/reviving-puerto-ricos-cocoa-farms-centuries-after-hurricanes-destroyed-them Reviving Puerto Rico’s Cocoa Farms, Centuries After Hurricanes Destroyed Them March 1, 20174:31 PM ET Heard on All Things Considered Dan Charles Twitter Cacao pods ready for harvest at the Loiza Dark Chocolate farm. Courtesy of Loiza Dark Chocolate … Continue reading

Posted in food and other products grown in Puerto Rico | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment