2016 Postmortem
In reply to the discussion: Bernie talking "Colonialism" in Puerto Rico [View all]Hortensis
(58,785 posts)Seems to me the question is how PR brings in money in the future and how it will be distributed--most to a small class that spends relatively little there and invests elsewhere or most staying right there multiplying prosperity via good-paying jobs, secondary businesses, etc.
The U.S. investment last century in trying to develop manufacturing and other primary industry in Puerto Rico didn't work, but it could always be tried again when the time was right. Plus, I read once something about someone with an ambition for PR to become another Singapore.
That'd be interesting, all right. Our DIL lived there for some years and would love to return, and it was lovely when we visited, but the idea of living out on a small, unsustainable island, no matter how charming (we'd live in the lush mountains with a distant view of the ocean, they'd be in town
), did not appeal. The idea that conceivably someday we couldn't even afford to spend a week there did not occur.