Tag Archives: state

Political status and the productive capacity of Puerto Rico. Frank Zorrilla, past PR Labor Secretary, explains why statehood party wants Puerto Ricans to be poorer and dependent, not richer and self-sufficient

This explains a great deal of the motivation of the statehood party, according to Frank Zorrilla, former PR Labor Secretary. “Instead of enhancing economic activity, they promote dependency. That is why they attack the productive capacity of Puerto Rico in … Continue reading

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France’s Reckoning: Rich, Young Flee Welfare State; Sounds Familiar to What is Happening in Puerto Rico

Who will be left in Puerto Rico if politicians drive off the rich, the entrepreneurs, the investors, the ones who are the ones most responsible for job creation?  The politicians, the government workers, and people on welfare will remain.  Yet … Continue reading

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Puerto Rico to hold statehood referendum

https://abcnews.go.com/International/wireStory/puerto-rico-hold-statehood-referendum-amid-disillusion-70723188 Puerto Rico to hold statehood referendum By DÁNICA COTO Associated Press Saturday, May 16, 2020 4:41PM FILE – In this July 29, 2015 file photo, the Puerto Rican flag flies in front of Puerto Rico’s Capitol in San Juan. … Continue reading

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51st State? Puerto Rico’s Statehood Poll is Driven by Political & Financial Ambitions, Scholars Say

Article says Puerto Rico Governor Wanda Vázquez’s statehood push is political posturing, meant to retain power, to help her re-election chances, knowing full well that statehood won’t be approved since DC is against it no matter the voting outcome.   A … Continue reading

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Statehood Would Be a Step Down for Puerto Rico, as explained by Peter Schiff in episode 257

  From the comments: Levine Levine  I still remember the story told by Peter Schiff about the Samoa Islands. Peter said the standard of living of the typical Samoan declined when Congress required Samoa business pay the Federal minimum wage. … Continue reading

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Peter Schiff, investor who moved from CT to PR for the Act 22 tax benefits, exposes selfish, misguided Puerto Rican politicians. Statehood will hurt PR, not help, by adding more taxes to its citizens. Episode 538

        Peter Schiff mentions how Puerto Rican politicians are working against the benefit of Puerto Rico and Puerto Rican citizens, when they push for statehood.   Schiff shows how Puerto Rico’s territorial status, NOT being a state, is … Continue reading

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Puerto Rico’s Democratic entrenchment fuels its own death spiral

Democrats in Puerto Rico INTENTIONALLY Keeping Power Off to Hurt Trump By Kevin Jackson – January 19, 2018 Democrats in Puerto Rico INTENTIONALLY Keeping Power Off to Hurt Trump The plot thickens in Puerto Rico. The Democrats there believe they … Continue reading

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Legislator warns of consequences were Puerto Rico a domestic jurisdiction

If Puerto Rico becomes a domestic jurisdiction, taxes will go up, more jobs will be lost.  Silly for anyone to want to  increase the tax burden, while causing massive job losses. http://caribbeanbusiness.com/legislator-warns-of-consequences-were-puerto-rico-a-domestic-jurisdiction Legislator warns of consequences were Puerto Rico a … Continue reading

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Puerto Rico should choose Capitalist policies not Socialist policies

Singapore is a much better model than Venezuela. https://seeingnotseen.blogspot.ca/2017/03/what-we-can-learn-about-economics-from.html Monday, 6 March 2017 What we can Learn about Economics from Scandinavia Lately there has been a lot of talk online about how successful the Scandinavian countries are, and their success … 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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