(ECONOMISTAS RECOMIENDAN BOTAR LOS MAESTROS DE PUERTO RICO PARA AHORRAR DINERO!)
mjHedge 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.
The 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.
Economists Want PR To Lay Off Teachers