Statehood Would Be a Step Down for Puerto Rico – Ep. 257
Summary: In Puerto Rico’s recently held non-binding referendum on statehood, just 23% of the eligible voters who actually voted overwhelmingly chose statehood. This would mean that Puerto Rico would keep its current debt and take on the $20 trillion U.S. national debt. This would offer the moral hazard of offering Puerto Ricans additional welfare benefits. […]
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