Wednesday, July 29, 2015

Children, the elderly, and middle class pay the highest price for bad administrations and rampant corruption for decades in Puerto Rico

(ECONOMISTAS RECOMIENDAN BOTAR LOS MAESTROS DE PUERTO RICO PARA  AHORRAR DINERO!)
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Hedge Fund Economists Want Puerto Rico to Lay Off Teachers to Fix Debt Crisis
by Jack Linshi @jacklinshi , July 28, 2015

The island is $72 billion in debt
Puerto Rico can avoid a costly default by upping taxes, cutting teacher jobs and closing schools, a group of hedge fund economists proposed in a report released on Monday, offering a controversial solution to the island’s“unpayable” $72 billion debt crisis.
Image result for free art clip of teacher and studentsThe report, commissioned by hedge funds holding several billion dollars of Puerto Rico’s bonds, highlights the island’s rising education expenditures against the backdrop of countless school closings and waves of poor families fleeing to mainland America.
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Economists Want PR To Lay Off Teachers