Wasn’t this ‘person’ elected to decrease the American national debt? Re: Puerto Rico … ‘If we don’t send this Financial Control Board immediately, the debt-addicted US will devalue Puerto Rico’s currency by 40%, take 80% of our land, cut wages by 50%, close 200 schools and 9 hospitals, raise electricity rates by 300%, hike water rates by 60%, raise gasoline taxes twice in one year, impose an 11.5% sales tax, raise the tolls on PR-5, PR-22 and the Teodoro Moscoso Bridge, privatize our electrical system, steal our pensions, buy our beaches, imprison our leaders, accuse us of “owing” them $73 billion, send us a Financial Control Board, and pass a Jones Act.
Oh wait a minute … I’m sorry, I forgot…the US already did that.’
According to the Treasury Department, the US public debt is now $22 trillion. This is the highest level of debt, by any government, in all of human history.
It also places the alleged “debt” of Puerto Rico in a clearer perspective. Consider these figures:
When you compare $22 trillion to $73 billion (the alleged “debt” of Puerto Rico), the US owes three hundred times (30,000%) more money than Puerto Rico.
With a population of 326 million, the US government now owes $67,484 for every man, woman and child in the US. But with a population of 3.4 million, Puerto Rico owes only $21,470 for every person on the island.
And so, on a per capita basis, the US is more than three times (300%) in debt than Puerto Rico. Every man, woman and child in the US has over three times more debt service and interest payments on…
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