Friday, June 2, 2017

Why are productive people leaving Puerto Rico?

The economy is contracting and productive people can earn two to three times more on the US mainland than in Puerto Rico.
“I had to choose for my family,’’ said Aledie Amariah Navas Nazario, 39, a pediatric pulmonologist who left behind young asthma patients when she, her husband and two small daughters moved to Orlando, Florida.

Puerto Rico should serve as a canary in the coal mine for US states and municipalities with unsustainable levels of spending, pensions, and debt.  

1 comment:

  1. I once had a profession at Vanderbilt in economics. Educated people are going to act in a rational and self interested way... I think that pretty well sums it up.