Saturday, May 2, 2009

Puerto Rico's Economy

Things aren't looking good en La Isla Del Encanto. I'm sure many of us in the U.S., as I do, have some family there and can only feel their pain. While the current economic picture in the U.S. is still grim things in P.R. are worse. As of March, the unemployment rate was reaching 15%. Making the situation worse was the news, that the government was planning to layoff 30,000 public employees. The reality of it all is getting closer as protestors by the thousands hit the streets of San Juan.

At this point, one can only hope for the best. Ay bendito, que pasa en Puerto Rico?


  1. I wonder how many of those 30,000 public employees voted for Fortuno and now regret it.

  2. Great posting, Efrain. I have been reading about Puerto Rican politics and this subject needs to be blogged or written about.

    Thanks for posting!

    Take care,

  3. Clarisel, almost sounds like when George Bush was voted in as many regret that!

    Phil, there is never enough on this subject.

    I try my best to stay away from Puerto Rican politics but from time to time I inject my opinion in my posts...after all they are my posts. Puerto Rican politics, though, can be very complicated, confusing and can also also become a very touchy subject if not handled or approached properly. Discussions on this subject can lead to greater understanding among those who know and those who are willing and want to learn....sounds like a post idea. Thanks for the comments.