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Puerto Rico, With a -50% Labor Force Participation Rate, Needs Immigrants

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Since Puerto Rico can’t even attract Puerto Ricans… why should it attract anyone? 

The libertarians, are ‘libertarianing’ again.

The immigration fiasco on the southern border is not the only ongoing U.S. crisis involving an exodus of Spanish speakers. Since 2006, Puerto Rico has endured an economic and fiscal collapse that has seen nearly a million people emigrate to the mainland United States, which is now the home to more Puerto Ricans than the island itself.

The libertarian argument is that since Puerto Ricans don’t want to live in Puerto Rico, we need to find people desperate enough to go there. Why we need to do this is something only understood by the Cato folks.

 

 

 

READ FULL ARTICLE HERE…

 

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