Derb At Taki's Magazine: Kiss Puerto Rico Goodbye
03/14/2014
A+
|
a-
Print Friendly and PDF

Sorry, one more housekeeping note I’d forgotten.  It’s been a busy week.

My weekly column at Taki’s Magazine concerned Puerto Rico.

Nowadays the place is, like the rest of the Caribbean behind a thin façade of rich-folk villas, tourist trinket markets, and tax-break corporate frontages, a slum.  Thirty-five percent of the population is on food stamps; 35 is also the percentage of working-age Puerto Ricans actually in the workforce.  Public finances are in a dire state:  Debt is at $70 billion and bond issues are rated as junk.

Plainly the U.S.A. should get rid of this millstone.  That’s easier said than done, though … 

Read the whole thing at Taki’s Magazine.

 

Print Friendly and PDF