Puerto Rico fact of the day
Puerto Rico’s population and its economy are about 10 percent smaller than they were a decade ago.
That is from Peter Orszag, who outlines a plan for Puerto Rico.
By the way, I worry that his first two suggestions are more welfare for Puerto Rico. Let’s for a moment put aside the question of how strong American obligations to Puerto Rico should be. If our only goal is to maximize the well-being of Puerto Ricans, should we not encourage rather than discourage migration?