A CONCISE CONTEMPORARY HISTORY OF PUERTO RICO 1800 TO 2016

How was Puerto Rico bankrupted? Who is responsible? Illegal debt. Loans used for non-productive vote-seeking handouts. "Regal" infrastructure works that bear no correspondence to the country's productivity. Blatant corruption. Crass unemployment and underemployment.Public over employment. Dismal labor participation rates funded with U.S. taxpayers' supported welfare. Under funded pensions with benefits that bore no correlation with the required contributions. An under funded health system product of corruption and politickering. Devastating economic policies imposed to pursue Statehood in the U.S. union. Unchecked rampant corruption.Who is responsible? You will find it here with names and facts. The book covers the economic debacle that exploded in the 21st century, up to 2016 (actualized quadrennially). It also thoroughly covers the political and social developments of the 19th and 20th centuries that formed the background of this Third Act: Colonialism and its pervasive collective loss of self-confidence and perception of self-sufficiency and national identity. Spanish absolutism; the Lares Revolution; the Spanish-American War; the failed attempts of Americanization; the blatant exploitation of the sugar cane, coffee and tobacco plantations; the nationalist guerrilla; the accelerated industrialization; the demoralizing welfare; the rampant corruption ofthe pro-statehood administrations in particular.

Author: Juan CRUZ-RICART

Publisher: Independently published

Publication Date: Sep 22, 2018

Number of Pages: 257 pages

Language: English

Binding: Paperback

ISBN-10: 1723934321

ISBN-13: 9781723934322