Derb At Taki`s Magazine: Kiss Puerto Rico Goodbye
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.