- Joined
- Feb 24, 2013
- Messages
- 34,698
- Reaction score
- 19,179
- Gender
- Undisclosed
- Political Leaning
- Conservative
Their unemployment rate jumped past 16% in 2008-2009. Back down to 12-ish now.
If recessions were measured by unemployment rate then sure, but they aren't. Maybe Puerto Rico should open their borders to foreign investment by non-Puerto Ricans by lifting their tax penalty on non-Puerto Rican businesses. Maybe then they'd solve their problems. Better to gather 10% of all new business in Puerto Rico than 30% of nothing.