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Showing posts with the label U.S. territory

Puerto Rico's Opportunity

Some times when bad things happen it is for the best in the long run. Once when working with my tools as a union sheet metal worker, my tools were stolen. My co-worker told me it was the best thing for me because my tools were so old and outdated, basically crap. Fortunately for me, my insurance covered the cost for new tools. Two back-to-back hurricanes, Irma and Maria, decimated Puerto Rico, a U.S. territory, could be a good thing in the long run. Puerto Rico’s infrastructure was crap before the hurricanes, but the wreckage gives it an opportunity to rebuild it in a stronger, more efficient way. The government owns the utilities, such as roads, electrical grid, schools, and water and sewer systems, and allowed the infrastructure to become so fragile by underfunding since 2006. The government cut spending by 12 percent, laid off one quarter of the government work force, jacked-up sales taxes ad reduced pensions. With these layoffs, there’s no one to run the sewage system, and none o...