Posted on Dec 29, 2017
Where things stand in Puerto Rico, 100 days after Hurricane Maria
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Posted 7 y ago
Responses: 2
I have my doubts as to whether we can afford to fully restore PR to its former state. I know the govt is in the habit of making bad investments, but this one may be too much even for it. The cost would exceed any potential return on investment by such a degree that not even the govt could justify it. I suggest that the island be evacuated leaving a minimal population to retain sovereignty and then await the recovery of the US coffers and private investment to develop the island anew.
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CPT Jack Durish
MSG Stan Hutchison - That's what "they" always say. Well, no, it can't. I know it's tiring reading, but the federal budget is so deep in the red that the only way they can come up with more money is to just print it. Well, we've gone back to that well so often that we're on the abyss of hyperinflation and are you willing to see the money in your pocket, your bank accounts, and buried in the backyard, go worthless? I'm not...
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MSG Stan Hutchison
CPT Jack Durish - I am far more concerned with US citizens needing massive help and not getting it. IMO, that is one of the primary duties of our federal government.
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I have no hard data, just a feeling that the government of PR was waiting for a big disaster to bail them out after disastrous economic policies. This isn't against the people, rather the government. Reminds me a lot of Greece waiting for a bailout from the EU, but not liking the idea that they have to tighten their belts.
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