prompting action from the U.S. government that would lead to stabilization of the Puerto Rican economy.
Expanding further on the economic misgivings that the island possess, is the rapid departure of Puerto Ricans leaving the island looking for better lives on the U.S mainland. Luis Ortiz, a proud Puerto Rican native desperately wanted to stay in the place he called home, but saw greater opportunity in Florida, where he moved. Drew Dixon writes on Ortiz's situation, "Ortiz is typical of the thousands of people now leaving Puerto Rico for the mainland as the island remains stuck in the throes of a major financial crisis resulting from the government’s inability to pay its debt" (Dixon). Clearly, this unfortunate but understandable retreat from Puerto Rico is all too common, as Dixon also notes that, "An estimated 1,500 people each week flee the island for the U.S, with many heading to Florida" (Dixon). Statehood would reduce the appeal of moving to the mainland, as more opportunities would exist within Puerto Rico allowing for greater retention of those that call it home. With statehood would come the economic benefits, providing more jobs and revenue. This boost to the economy
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Drew Dixon wrote an article about the effects the economic crisis is having on Jacksonville, noting how "In addition, Lecompte said, the long term impact could be the end of the current federal stipulation that commercial shipping to Puerto Rico be conducted by U.S. companies." (Dixon). The crisis is coming to a point where the United States is tired of supporting the commonwealth, indicating an eventual end to the support it has received thus far. With statehood, there would be more support as well as more resources available to the struggling commonwealth. In addition to the economic benefits, the political benefits would aid the underrepresented
While the State Department was exploring different options to manage Haiti’s economy, there were several other responsibilities that had to be addressed in the Dominican Republic. In 1911, the Domican
Puerto Ricans first entered the realm of identity politics with their migration to Hartford, beginning in the 1950s. Their motivation was primarily economic; that is, Hartford had an abundance of job opportunities in restaurants, stores, factories, and farms in comparison to New York City and Puerto Rico (Cruz, 37). Puerto Ricans were now working and living alongside many other citizens of different ethnicities and were treated much like other
Juan Gonzalez discusses the historical relationship between Puerto Rico and the U.S. in Harvest of an Empire, interestingly enough the author’s family were a part of the surge of Puerto Ricans emigrated to New York in 1946. With the signing of the Treaty of Paris the Spanish-American War came to a close with Puerto Rico now under the control of the U.S. along with Cuba, Guam, and the Philippians. In 1900 the Foraker Act established Puerto Rico as a U.S. territory, but it had less autonomy than when under the control of Spain. The Foraker Act allowed the U.S. to dominate the economy of Puerto Ricans by replacing the peso with the dollar and not allowing for any outside commercial treaties. Challenges were unsuccessful with the dreadful ruling
Pablo Camacho was one of my old family friend who lives in Puerto Rico, since that’s where my family’s from. He used to be my dad’s family accountant who ran all the numbers and did all the financial operations of the business. Since my dad moved away from the island, we still keep in touch because of how close they were. Therefore, I thought this was the perfect person to vex or ask him questions for my interview. I have to disclose that Puerto Rico’s primary language is not English and I had to translate this interview from Spanish. I did my best in translating everything and summarizing it.
Some opponents may heighten the acceptance of Puerto Rico into statehood to the acceptance of a debt-ridden Greece into the European Union—a copious financial burden on the collective economy—and therefore, would not be beneficial to the U.S. economy. In ironic opposition to such somewhat reasonable paranoia, and potentially malicious comments, it is mainly U.S. investors and entities who continue to buy and hold the majority of Puerto Rican debt, taking advantage of Puerto Rico’s legal inability to default on their debt as a way to fundamentally guarantee various creditors regardless of the territory’s economic state (Meacham). The U.S. can eliminate the potential of corporations taking advantage of Puerto Rico’s economic status by making new laws and regulations, thus forcing corporations to pay corporate taxes not previously paid. The influx of federal taxes would help offset the balance of debt created by statehood, and an increased flow of tourism would also benefit not only the mainland, but also the island as it is a decently sized proportion of the island’s economy (Lilley). According to a study in 2005, about 40% of the Puerto Rican population aged 25 to 44 have earned an associate’s degree or a
Last Wednesday on October 12, I was able to go to the talk of Nelson A. Denis about War Against All Puerto Ricans. Being born and raised in Puerto Rico, I already knew what Nelson was talking about, however it was still nice to fresh up on some history that I may have forgotten. It was also, nice to see Nelson A. Denis tell the audience how Puerto Rico got to where is now in a clear and unique way.
Showing up in sea tempest attacked Puerto Rico since Maria's landfall, President Trump offered a healthy round of congrats to government help endeavors and expressed gratitude toward the island's representative. In any case, the president likewise recommended Maria was not a "genuine calamity," made an odd and misdirecting correlation with the loss of life from Hurricane Katrina, and clowned about how the sea tempest would influence the government spending plan. “Puerto Rico survived the hurricane," President Trump rightly says, and "Now a financial crisis looms largely of their own making." Hard words, but true.
They start migrating due to hoping on finding a new start in the states because Puerto Rico’s economy at its worse at this time, and the common person is not finding jobs & is starving. As air travel technology advanced and low cost air flights appeared, this is where we start to see when a huge amount of Puerto Ricans decide to migrate over into the United States, and one of the states they migrate largely to in particular was New York City. They also migrate there also because non – stop flights toward New York were also becoming available at the time. Those Puerto Ricans also sought out a new beginning to their lives. This is also the time when Puerto Ricans start developing their culture and neighborhoods in New York.
When Christopher Columbus discovered the coast of Venezuela, he thought he had encountered an earthly paradise, today that grace land is ravaged by famine, inflation, scarcity, violence, social and political conflicts; “social implosion [being] driven by economic collapse, caused by shockingly self-destructive policy making” (Toro, 1). Venezuela’s antidemocratic government and its lack of foresight has created a severe economic crisis crumbling health care system and a lack of basic necessities and is jailing innocent people who object.
The opportunities which are available to every unemployed worker in the United States are training programs, health insurance assistance, and food and emergency aid. With these programs available to the unemployed in the United States, it is helping put America back to work, and giving people the opportunity to go back school to be retrained in a new field of work which they didn’t have the chance to do in the past. Since Puerto Rico isn’t a state they don’t have these programs that assist the unemployed to help them get back to work, in turn it’s causing a big problem for their economy.
I will be discussing how the country of Puerto Rico’s impact of resource scarcity, issues with boundary delineation, separatism and sovereignty issues, poverty, migration, legacies of colonialism and imperialism, global climate change and its impact. The once poor nation of Puerto Rico now seems to be a stepping stone for trading in the Caribbean. With its location in the Caribbean, Puerto Rico is a major asset for shipping lanes. One of the main reasons the U.S. wanted to take over this land. Its geographical location is important in helping to move resources around the world, as well as keeping an eye on Cuba. The economic system of
Since Puerto Rico was first discovered by Christopher Columbus on November 19, 1493, and Spanish colonization ensued in 1508, Puerto Rico has experienced all of these pressures of identity and culture.
Not many may know that Puerto Rico is considered to be American territory. Soon people all over America will know because Puerto Rico could possibly become the fifty first state or could be separated from America completely. Most of Puerto Ricans would like statehood 61% to be exact, this citizens would like to be united with America once and for all. There are some Puerto Ricans would like to be free association and the amount is 33% citizens who want a relationship without political territory with a degree of statehood with America. The last percentage are the citizens who want to be independent which is 5%. As the percentage shows most Puerto Ricans would like to become the fifty first state of America and add one more star onto America.
The politics of Puerto Rico takes place in the framework of a republican democratic form of government that is under the jurisdiction and sovereignty of the United States as an organized unincorporated territory.
Venezuela currently has a population of 31 million people. Venezuela is still growing in numbers, and it’s getting harder for the government to provide health care for their people. Venezuela’s population is 1.9 times larger than South America. The country is mainly urban, and the wealth rate is declining. The resources per person needs to be the same, and as of now that’s not the case. Overall fertility rates are failing in Latin America. In 2015 the population was six times the size that it was in 1950, and the United Nations projects that it will be nine time larger by 2050, and still growing at that point, despite the long-term decline in fertility. (Latin America) Although there are many economic crisis in Venezuela, this isn’t preventing them from having children in higher numbers. This could be the shortage of health care.