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?


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