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Old 08-06-2019, 09:37 AM
 
Location: Minneapolis, MN
10,244 posts, read 16,364,120 times
Reputation: 5308

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Quote:
Originally Posted by oceangaia View Post
No, we don't. A corporation is not a good buy because it has high revenues if it is in deep debt and losing money. And PR is not a good acquisition because of it's GDP when it is a drain on social resources.


And to be accurate, their GDP is projected to be $105Billion next year and it has never been higher than that.
https://tradingeconomics.com/puerto-rico/gdp
We aren’t talking about corporations here, not an apples to apples comparison.

Also it should be pointed out that Puerto Rico has a positive trade balance.
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Old 08-06-2019, 09:45 AM
 
23,177 posts, read 12,202,565 times
Reputation: 29353
Quote:
Originally Posted by Cruz Azul Guy View Post
We aren’t talking about corporations here, not an apples to apples comparison.

Also it should be pointed out that Puerto Rico has a positive trade balance.

Then why can't it service it's debt and rebuild it's own electrical grid?
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Old 08-06-2019, 09:49 AM
 
9,909 posts, read 7,689,224 times
Reputation: 2494
Think Puerto Rico, Guam, American Samoa, Northern Mariana Islands, and U.S. Virgin Islands should be allowed to vote to be Independent, become a State, or remain a Territory.

If all the Territories vote to become a State

U.S. Caribbean Island's should merge into one State.

Same for Pacific Island's into one State.

If only one territory from each area make that one territory a State.

If they vote to remain territories. Allow territories representation in Congress and to be allowed to vote in Federal elections.

If they choose to become Independent allow them to become Independent Nation's.
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Old 08-06-2019, 10:04 AM
 
Location: King County, WA
15,821 posts, read 6,527,022 times
Reputation: 13310
Number of Spanish-speaking people in the US: over 50 million.

Number of people in Puerto Rico: 3.4 million, of which 20% are fluent in English

Adding Puerto Rico as a state will barely make a dent to the Spanish-speaking population. Heck, they already are part of the Spanish-speaking population.
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Old 08-06-2019, 10:07 AM
 
30,058 posts, read 18,652,475 times
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Quote:
Originally Posted by Motion View Post
Why hasn't Puerto Rico been made a state? Does the U.S really need another state?


We are already importing poor, illiterate illegals. We don't need more of them.


Assuming Puerto Rico's financial mess would be unwise. The only people who would want this are democrats, as there would be more democrat senators and congressmen, and more dem electoral votes.
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Old 08-06-2019, 10:45 AM
 
23,177 posts, read 12,202,565 times
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Quote:
Originally Posted by RunD1987 View Post
Think Puerto Rico, Guam, American Samoa, Northern Mariana Islands, and U.S. Virgin Islands should be allowed to vote to be Independent, become a State, or remain a Territory.

Guam has too much military strategic value. PR no longer has any such value. Maybe it did in 1898 when naval power was dominant and air power was non-existent.
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Old 08-06-2019, 10:57 AM
 
78,337 posts, read 60,527,398 times
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Quote:
Originally Posted by tinytrump View Post
And this proves my point in other threads about racism against the Latino community- right here folks. Typed on CD .
A lot of people quick to pull that claim out do so because they themselves think racially and have racist views. It's abnormal when we're talking about economic issues your brain immediately thinks of races as if corruption and poverty is automatically linked to race.

But hey, you probably have never complained about "taker" red states with large black populations....perish the thought.
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Old 08-06-2019, 10:59 AM
 
4,336 posts, read 1,552,685 times
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Quote:
Originally Posted by Motion View Post
Why hasn't Puerto Rico been made a state? Does the U.S really need another state?
Don't need another state.
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Old 08-06-2019, 11:54 AM
 
Location: Minneapolis, MN
10,244 posts, read 16,364,120 times
Reputation: 5308
Quote:
Originally Posted by oceangaia View Post
Then why can't it service it's debt and rebuild it's own electrical grid?
In short, they were going through a nasty economic recession and then got devastated by a hurricane. Yeah, PR is going through rough times right now, nobody is denying that.

I’m looking at the long game here. Puerto Rico needs the US as much as we could benefit from them. Converting Puerto Rico from a territory to a state would be a mutually beneficial proposition. We’re already on the hook to bail them out financially given that its a US territory, so we might as well have more federal oversight and collect some federal tax revenue in the process.

The alternative is we just sit back while Russia continues to grow and get stronger. You think they are going to stop at Crimea?
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Old 08-06-2019, 02:56 PM
 
23,177 posts, read 12,202,565 times
Reputation: 29353
Quote:
Originally Posted by Cruz Azul Guy View Post
In short, they were going through a nasty economic recession and then got devastated by a hurricane. Yeah, PR is going through rough times right now, nobody is denying that.

I’m looking at the long game here. Puerto Rico needs the US as much as we could benefit from them. Converting Puerto Rico from a territory to a state would be a mutually beneficial proposition. We’re already on the hook to bail them out financially given that its a US territory, so we might as well have more federal oversight and collect some federal tax revenue in the process.

The alternative is we just sit back while Russia continues to grow and get stronger. You think they are going to stop at Crimea?

But what a lot of people ARE denying is the correlation between that 13 year recession and crushing debt with ever increasing socialist policies and governance. They would be like Venezuela today without the crutch of US support.


No, it is not a mutually beneficial proposition. It would benefit PR. And no, we are not on the hook to bail them out financially. Wherever did you get that idea? But we would be if they were a state which is precisely why some want so much for PR to become a state.



We are better off without their pittance of limited federal income taxes when it would open the floodgates of unlimited expenses.
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