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the whole thing is linked together, if PR wants to be able to get out of the hole it has to look what the others are doing because those are the countries PR will have to compete with.
Getting rid of the Jones act would enable PR to be more competitive.
everybody is hunting for investment. And PR has a horrible climate for it.
and that goes beyond political reform. even if the whole island could wipe out all corruption today, that would not be enough as PR does not have high quality human resources or any other advantage that would motivate an investor to go there. in the Eyes of an investor PR is not better than MX or CR
and its more expensive. being part of the US means nothing.
PR is a safe place because of the FBI? are you insane? PR murder rate is almost even with Guatemala, what has the FBI done about that?
.
Hawaii has the Jones Act and are in the middle of nowhere in the Pacific Ocean and their economy is doing very good and are very competitive. That should be the model for Puerto Rico not Nicaragua or some 3rd world country that you fell in love with when you went traveling as a tourist and think it's great because they have cheap labor and you can buy off the local government.
Puerto Rico needs to follow the states model NOT 3rd world $hitholes........the FBI is not there to solve every local crime in Puerto Rico but they help keep government corruption down so it doesn't get to the levels of the countries you are praising like Mexico, Brazil and Nicaragua which their governments are a corruption wasteland of a point of no return.
Do you understand what is the Jones Act? it only says that if you are going to transport people or goods by air,sea or land between 2 POINTS or more in the SAME NATION you have to use domestic transportation. Is not an embargo. It doesn't prevent Puerto Rico shipping to other countries or other countries coming to Puerto Rico directly.
and you think the 3rd world country $hitholes in Latin America you are mentioning are corrupt free and have high quality human resources? LOL
your solution to Puerto Rico is instead of raising the standards to the U.S.A, lets lower the standards and lower the wages and be like Mexico and Nicaragua and D.R. so P.R. compete with them? if a politician or economist tells that to the American Middle Class they would get crucified .....That is not a plan. That's a disaster and a sure thing to push the rest of the Middle Class in the island to move to the states and just have a place where you have just the rich and the poor like in Latin Countries.
Hawaii has the Jones Act and are in the middle of nowhere in the Pacific Ocean and their economy is doing very good and are very competitive. That should be the model for Puerto Rico not Nicaragua or some 3rd world country that you fell in love with when you went traveling as a tourist and think it's great because they have cheap labor and you can buy off the local government.
Puerto Rico needs to follow the states model NOT 3rd world $hitholes........the FBI is not there to solve every local crime in Puerto Rico but they help keep government corruption down so it doesn't get to the levels of the countries you are praising like Mexico, Brazil and Nicaragua which their governments are a corruption wasteland of a point of no return.
Do you understand what is the Jones Act? it only says that if you are going to transport people or goods by air,sea or land between 2 POINTS or more in the SAME NATION you have to use domestic transportation. Is not an embargo. It doesn't prevent Puerto Rico shipping to other countries or other countries coming to Puerto Rico directly.
and you think the 3rd world country $hitholes in Latin America you are mentioning are corrupt free and have high quality human resources? LOL
your solution to Puerto Rico is instead of raising the standards to the U.S.A, lets lower the standards and lower the wages and be like Mexico and Nicaragua and D.R. so P.R. compete with them? if a politician or economist tells that to the American Middle Class they would get crucified .....That is not a plan. That's a disaster and a sure thing to push the rest of the Middle Class in the island to move to the states and just have a place where you have just the rich and the poor like in Latin Countries.
Are you retarded? PR is the 3rd world just look at the numbers
maybe the most revealing aspect of the passing of the storms in PR was the huge amount of poverty, shanty towns, and just straight up 3rd worldiness of PR.
the storms put it all out for the world to see.
Hawaii is not in the middle of nowhere actually thats its advantage, being in the middle of the pacific.
Hawaii is taping the Asian tourism heavily. Hawaii is unique, PR is not.
LAtam can offer way more human resources than PR for one very simple reason, anyone with one gram of gray matter leaves PR flying like a bullet. everybody with some wits already figured out that PR is not going to get out of this hole anytime soon and left.
While PR sinks all other islands are capturing all the investment, " 2018 Foreign Direct Investment rose in the majority of the Caribbean islands by 20 per cent more than half (60 per cent) of which went to the Dominican Republic. Something they are doing right. As i told you before, having 50 percent of the population live on welfare and call that economic success is deceiving.
listen to PR GOVERNOR Rosello not denying PR is the 3rd world and this was BEFORE THE STORMS.
Are you retarded? PR is the 3rd world just look at the numbers
maybe the most revealing aspect of the passing of the storms in PR was the huge amount of poverty, shanty towns, and just straight up 3rd worldiness of PR.
the storms put it all out for the world to see.
I'm as retarded as you are a crackhead trying to make idiotic arguments. I need a degree in psychology to even try to make sense of your arguments since you keep moving the goal post. Now numbers matter? if numbers matter than Puerto Rico is above the 3rd world Latin countries you are using as economic models. Puerto Rico might be a 3rd world country in comparison to the 50 states but is top tier 3rd world country compared to the Latin $hitholes you are using as models. Nicaragua? really brah? LMAO!
Quote:
Originally Posted by Snapshoot
Hawaii is not in the middle of nowhere actually thats its advantage, being in the middle of the pacific.
Hawaii is taping the Asian tourism heavily. Hawaii is unique, PR is not.
really deep analysis there. "Hawaii is unique and P.R. is not"...classic! funny, how you ignored that Hawaii has the Jones Act and evaded to explain how it hurts Hawaii's economy. Yeah, Asian tourism is your answer. Got it!
Quote:
Originally Posted by Snapshoot
LAtam can offer way more human resources than PR for one very simple reason, anyone with one gram of gray matter leaves PR flying like a bullet. everybody with some wits already figured out that PR is not going to get out of this hole anytime soon and left.
and the way for Puerto Rico to get out of the hole is to follow your advice. Let's have the same cheap labor and lower standards and more centralized government like Nicaragua and the other 3rd world $hiatholes you are using as models that are corrupt to the core and manipulate the currency because that is the ticket to get out of the hole.
Quote:
Originally Posted by Snapshoot
While PR sinks all other islands are capturing all the investment, " 2018 Foreign Direct Investment rose in the majority of the Caribbean islands by 20 per cent more than half (60 per cent) of which went to the Dominican Republic. Something they are doing right. As i told you before, having 50 percent of the population live on welfare and call that economic success is deceiving.
if Dominican Republic could qualify for U.S. social programs, what % of their population would qualify since the average salary in DR is $365 a month ($91 a week before taxes) and that is in Santo Domingo. Outside of their capital is way lower. 90% of the D.R. population would qualify for U.S. welfare? take a guess. How is that a stronger economy than Puerto Rico?.......so you want the average salary in Puerto Rico to come down to $365 a month to compete with the Dominicans? how is that an upgrade?
Are we applying the same standards in D.R. that you are using on Puerto Rico? or numbers don't matter again for you?
Quote:
Originally Posted by Snapshoot
listen to PR GOVERNOR Rosello not denying PR is the 3rd world and this was BEFORE THE STORMS.
Rosello wants to push Congress for statehood. He is going to paint Puerto Rico as a 3rd world $hithole like Haiti to get his political demands and get more federal aid. He is a politician. It just that Congress are not dumb or blindly emotional. Not even the UN believes the cr@p that comes out of the politicians in P.R. of all ideologies. You should listen to Independentistas talk at the UN about Puerto Rico. It's very dramatic.
At the end of the day this is all a moot point. Congress has repeatedly said that they will not remove the Jones Act's applicability to Puerto Rico. They could eliminate the law entirely, but not specifically for Puerto Rico. Republicans like the bill for national security reasons and because their big money donors make a profit. Democrats like it because it keeps union laborers employed in Jacksonville.
I'm as retarded as you are a crackhead trying to make idiotic arguments. I need a degree in psychology to even try to make sense of your arguments since you keep moving the goal post. Now numbers matter? if numbers matter than Puerto Rico is above the 3rd world Latin countries you are using as economic models. Puerto Rico might be a 3rd world country in comparison to the 50 states but is top tier 3rd world country compared to the Latin $hitholes you are using as models. Nicaragua? really brah? LMAO!
really deep analysis there. "Hawaii is unique and P.R. is not"...classic! funny, how you ignored that Hawaii has the Jones Act and evaded to explain how it hurts Hawaii's economy. Yeah, Asian tourism is your answer. Got it!
and the way for Puerto Rico to get out of the hole is to follow your advice. Let's have the same cheap labor and lower standards and more centralized government like Nicaragua and the other 3rd world $hiatholes you are using as models that are corrupt to the core and manipulate the currency because that is the ticket to get out of the hole.
if Dominican Republic could qualify for U.S. social programs, what % of their population would qualify since the average salary in DR is $365 a month ($91 a week before taxes) and that is in Santo Domingo. Outside of their capital is way lower. 90% of the D.R. population would qualify for U.S. welfare? take a guess. How is that a stronger economy than Puerto Rico?.......so you want the average salary in Puerto Rico to come down to $365 a month to compete with the Dominicans? how is that an upgrade?
Are we applying the same standards in D.R. that you are using on Puerto Rico? or numbers don't matter again for you?
Rosello wants to push Congress for statehood. He is going to paint Puerto Rico as a 3rd world $hithole like Haiti to get his political demands and get more federal aid. He is a politician. It just that Congress are not dumb or blindly emotional. Not even the UN believes the cr@p that comes out of the politicians in P.R. of all ideologies. You should listen to Independentistas talk at the UN about Puerto Rico. It's very dramatic.
As i told you before do not exchange the currency to make a point a bout income that makes no sense.
Are you going to keep saying that the income in DR is 365$ a month? you have to use PPP numbers not direct currency conversions. The true is that the average Dominican has a PPP of 17,000 dollars a year.
If DR would quality it will have to give its currency its true value measured by Purchasing Power Parity, so the average PPP income in DR is about 17,000 US at the current PPP. The US poverty line for one person is $12,490 so the average Dominican would be above the federal poverty line.
this is how it works
DR Average income for 2018 is 7800 a year (a number that is irrelevant because they dont spend that money in the US or in dollars)
Dominicans do not earn dollars but pesos so they would earn the equivalent in local money.
how much in goods and services can they purchase with that? and how much would that "basket" cost in US dollars?
the average dominican can purchase a basket of good and services that would cost 17000$ in US dollars. thats what PPP is.
if DR would to dolarize its economy it would have to pay the PPP equivalent in salaries, not the direct currency exchange.
thats why saying the the salary is 365$ is just moronic.
the same apply to every other latam county, You cant go around making direct currency conversions and making assumptions about people wealth without considering the actual PPP.
I am not very educated about the issues of DR beyond whats its on the News.
Last edited by Snapshoot; 02-26-2019 at 01:37 PM..
At the end of the day this is all a moot point. Congress has repeatedly said that they will not remove the Jones Act's applicability to Puerto Rico. They could eliminate the law entirely, but not specifically for Puerto Rico. Republicans like the bill for national security reasons and because their big money donors make a profit. Democrats like it because it keeps union laborers employed in Jacksonville.
carve-outs seems like the best way since you can set the big money interests against each other. in other words, there are US gas producers in PA and TX that would love to export gas to PR instead of trinidad and tobago. the other option is for the us to subsidize the production of jones act ships so that there are more companies willing to actually ship domestically but that would likely cut into truckers and railroads income making an exception for PR more palatable but would fit with the national security angle (the current jones act is failing miserably at most everything as there are fewer and fewer shippers and ships).
As i told you before do not exchange the currency to make a point a bout income that makes no sense.
Are you going to keep saying that the income in DR is 365$ a month? you have to used PPP numbers not direct currency conversions. the true is that the average Dominican has a PPP of 17,000 dollar a year.
if DR would quality it will have to give its currency its true value measured by Purchasing Power Parity, so the average PPP income in DR is about 17,000 US at the current PPP. The US poverty line for one person is $12,490 so the average Dominican would be above the federal poverty line.
I am not very educated about the issues of DR beyond whats its on the News.
now you want to move the goal post. If We use PPP numbers then Puerto Rico PPP is $34,000 (it will be $36,000 by 2020) . What is your next argument that $17,000 is better than $34,000.
So using your argument, if P.R. has double the PPP than D.R. and you say 50% of the population in Puerto Rico are on American welfare then using the same numbers that means that 90% plus of the D.R. population would qualify for U.S. welfare. How is their economy any better?
Note: In the long-term, the Dominican Republic GDP per capita PPP is projected to trend around $15,700.00
just follow how people vote with their feet. You don't see a lot of emigration from P.R. to D.R. when it's only 90 miles of travel or Nicaragua or Mexico. Do you?
Last edited by Hellion1999; 02-26-2019 at 01:51 PM..
now you want to move the goal post. If We use PPP numbers then Puerto Rico PPP is $34,000 (it will be $36,000 by 2020) . What is your next argument that $17,000 is better than $34,000.
So using your argument, if P.R. has double the PPP than D.R. and you say 50% of the population in Puerto Rico are on American welfare then using the same numbers that means that 90% plus of the D.R. population would qualify for U.S. welfare. How is their economy any better?
just follow how people vote with their feet. You don't see a lot of emigration from P.R. to D.R. when it's only 90 miles of travel or Nicaragua or Mexico. Do you?
No one has claimed the DR economy to be better, just that the PR one is not that great as you try to put it.
as i told you yesterday PR real income in just 100% of DR. not 238% as you said.
The poverty line and the line to qualify for welfare are different.
just to make a example the curent PPP of :
Ireland is 76,305
USA 59,495
Canada 59,495
Portugal 30,258
This are all "first world countries" but the PPP of Ireland is more than 2 times that of Portugal.
Portugal is not a ****ty country i would even prefer to live in Portugal than in Ireland.
PPP is not what defines a country, so comparing PR to other Latam countries based on the PPP is also ridiculous.
No one has claimed the DR economy to be better, just that the PR one is not that great as you try to put it.
as i told you yesterday PR real income in just 100% of DR. not 238% as you said.
The poverty line and the line to qualify for welfare are different.
just to make a example the curent PPP of :
Ireland is 76,305
USA 59,495
Canada 59,495
Portugal 30,258
This are all "first world countries" but the PPP of Ireland is more than 2 times that of Portugal.
Portugal is not a ****ty country i would even prefer to live in Portugal than in Ireland.
PPP is not what defines a country, so comparing PR to other Latam countries based on the PPP is also ridiculous.
I never said such a thing. You are the one that went rogue and started comparing Latin countries economies to Puerto Rico and Puerto Rico sucks and it's doomed and that Puerto Rico should copy Nicaragua and other Latin $hitholes to compete. Why not comeout and just say "If Puerto Rico declares their independence cuts their wages and standards by half then they can compete with Nicaragua, D.R., Brazil, and Mexico."....yeah, I'm sure that would be great for the working class in Puerto Rico. If Puerto Rico can cut their min. wage to $1.50 an hour that will be progress.
so now you say PPP doesn't matter. LOL........so what you want to use to compare the quality of life and wages in ranking countries? your opinion?
The poverty line and the line to qualify for American welfare are different? really? Puerto Rico is measured by U.S. poverty line standards, not Latin America. If we use Latin America standards to Puerto Rico very few would qualify for welfare. If we use the U.S. poverty line in the Latin Countries that you brought up as models, over 80% of their population would qualify for U.S. Welfare or some kind of federal subsidies.
I never said such a thing. You are the one that went rogue and started comparing Latin countries economies to Puerto Rico and Puerto Rico sucks and it's doomed and that Puerto Rico should copy Nicaragua and other Latin $hitholes to compete. Why not comeout and just say "If Puerto Rico declares their independence cuts their wages and standards by half then they can compete with Nicaragua, D.R., Brazil, and Mexico."....yeah, I'm sure that would be great for the working class in Puerto Rico. If Puerto Rico can cut their min. wage to $1.50 an hour that will be progress.
so now you say PPP doesn't matter. LOL........so what you want to use to compare the quality of life and wages in ranking countries? your opinion?
The poverty line and the line to qualify for American welfare are different? really? Puerto Rico is measured by U.S. poverty line standards, not Latin America. If we use Latin America standards to Puerto Rico very few would qualify for welfare. If we use the U.S. poverty line in the Latin Countries that you brought up as models, over 80% of their population would qualify for U.S. Welfare or some kind of federal subsidies.
Do you have reading comprehension issues? thats the US poverty line, there is no such thing as a Latam poverty line. PR is not that far from those Latin ****holes that you talk about, actually millions prefer those ****holes for investment/living, not even puerto ricans want to be in PR.
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