Mandangaren banderaduna eta Puerto Rico
Warren Mosler eta Puerto Rico
Stephanie Kelton(e)k Bertxiotua Warren B. Mosler
This is important and should be explained *carefully* in a thread.
Stephanie Kelton(e)k gehitu du,
PR only keeps its own income taxes to spend, while DC spending in the states=income taxes paid + federal deficit spending=big advantage
2017 urr. 1
PR: Puerto Rico
DC: Washington, D.C. is the capital city of the United States
“DC spending in the states” may incorrectly be taken to mean federal spending. That’s obviously not what it means.
And, ta da, rebuilding is usually considered good for the local economy. Where are the leaders touting that bit of good news?
Perhaps the US owes PR self determination -a full debt write off, and a transfer of power whereby PR becomes sovereign (& a currency issuer)
I can see the “taxes fund govt spending” crowd jumping up and down
I also thought when I saw Warren post it earlier most are not going to get this. Explanation would help more people.
Plus no weapons plants to receive fiscal deficit funded programs. Double whammy.
PR really needs to become a state.
why would PR agree to such a bad arrangement? & then there’s this
Donald Trump threatens to take aid from Puerto Rico and, seriously, WTF
October 12, 2017
Puerto Rico-z, ikus ondokoak: