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Why is Puerto Rico poor?

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Unfortunately this question is one that can have many answers depending on the political views of the writer. A long and tedious essay can be written and not all points will be taken care of. For starters we have always being a colony. read more

--Puerto Rico imports[11] over $49,000,000,000 worth of goods from the mainland, or the equivalent of over $14,000 per each individual residing on the island. --If you live in Mississippi and considered “poor,” you have numerous resources available to you, but out of reach if you reside in Puerto Rico. read more

Puerto Rico's economy tanked after this happened, and it has yet to recover. Many good private sector jobs were lost and tax revenues dropped. The economy has shrunk almost every year since. On top of that, the Merchant Marine Act of 1920 mandates that only U.S. vessels can take goods between Puerto Rico and the U.S. mainland. read more

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