Tag Archives: reform

Puerto Rico, getting building permits now take only 20 days on average instead of 98 days

Puerto Rico, getting building permits now take only 20 days on average instead of 98 days.  While it’s definitely a big step in the right direction, 20 days is still too long. Puerto Rico gov’t: Doing business on the island … Continue reading

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Puerto Rico needs an IMF-style economic plan

  https://www.aei.org/publication/puerto-rico-needs-an-imf-style-economic-plan Desmond Lachman October 27, 2017 | Real Clear Markets Puerto Rico needs an IMF-style economic plan Economics, International Economics It would be an understatement to state that the hurricane-battered Puerto Rican economy is at serious risk of entering … Continue reading

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Fiscal Oversight Board’s letter detailing plan of action to Puerto Rico 12-20-2016

rec-end.gfrcdn.net/docs/editor/carta_junta.pdf FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO Members Andrew J. Biggs Carlos M. García Arthur J. González José R. González Ana J. Matosantos David A. Skeel, Jr. José B. Carrión III Chair December 20, 2016 SENT VIA ELECTRONIC … Continue reading

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Puerto Rico’s other crisis: impoverished pensions

http://www.reuters.com/investigates/special-report/usa-puertorico-pensions Uneasy Island Puerto Rico’s other crisis: impoverished pensions By Nick Brown Filed April 7, 2016, 3:10 p.m. GMT For years, the territory’s government piled on the benefits without paying for them. Now, it faces the prospect of stiffing retirees, … Continue reading

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Pulling people from poverty

  http://www.washingtontimes.com/news/2016/may/16/ed-feulner-welfare-to-work-is-pulling-people-from- Pulling people from poverty Maine leads the way from welfare to work By Ed Feulner Monday, May 16, 2016 ANALYSIS/OPINION: “Go roll up your sleeves and go find out what poverty is all about.” You won’t find many … Continue reading

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Op-Ed: Origins of the Puerto Rico fiscal crisis

Op-Ed: Origins of the Puerto Rico fiscal crisis To read the full report in PDF format, click here: http://mercatus.org/sites/default/files/Joffe-Puerto-Rico-Fiscal-Crisis-v1.pdf May 12, 2016 Author Marc Joffe is the principal consultant at Public Sector Credit Solutions, a research group that analyzes government … 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