The day has finally come. We finally have an answer. A possibility to bring sense to the chaos. A ray of hope. The US House of Representatives finally introduced legislation to help alleviate the 72 Billion USD debt problem plaguing the island. There were a few concessions in the legislation on the part of both parties:
1) Wages will be allowed to go below US Federal minimum wage for a period of time
2) Vieques will remain under its current jurisdiction as a Federal Wildlife Refuge
The Federal Control Committee may end up having a positive influence on the Island. At the very least there is action. The most important thing is that things are changing. A sense of urgency exists in the white collar, blue collar, political, and working class of communities throughout the territory. It is how Puerto Rico responds that will define its legacy during this time. If the new system of government can be implemented efficiently, there is a way out of the this enormous hole.
Let's see how the deal unfolds. The Bill must still pass the House, Senate, and be signed into law by the President for Puerto Rico to experience the effect. Let's keep our spirits high and our hopes up. After all, as mentioned in previous posts, Puerto Rico has nothing to lose.
1) Wages will be allowed to go below US Federal minimum wage for a period of time
2) Vieques will remain under its current jurisdiction as a Federal Wildlife Refuge
The Federal Control Committee may end up having a positive influence on the Island. At the very least there is action. The most important thing is that things are changing. A sense of urgency exists in the white collar, blue collar, political, and working class of communities throughout the territory. It is how Puerto Rico responds that will define its legacy during this time. If the new system of government can be implemented efficiently, there is a way out of the this enormous hole.
Let's see how the deal unfolds. The Bill must still pass the House, Senate, and be signed into law by the President for Puerto Rico to experience the effect. Let's keep our spirits high and our hopes up. After all, as mentioned in previous posts, Puerto Rico has nothing to lose.
