Conservative Review
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The Puerto Rico Bailout: Let Them Fail
Posted
July 14, 2016
Views
187
Likes
7
Comments
3
Engagement
5.35%
July 14, 2016
187
7
3
5.35%
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0:44Now PlayingPuerto Rico has piled up $70 billion of debt -- equivalent to $80,000 of debt per household. Republican leadership claims America is not simply "bailing" out Puerto Rico, stating the tiny U.S. territory will be put on the path to recovery.
But, as history tells, that's just plain fantasy. All they're going to do is transfer Puerto Rico's problems to Washington. #PuertoRico #PR #bailout #debt #bureaucracy #freemarkets
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