The missed payment, due on May 1, was just another scene in the slow-motion train wreck that has been termed “Puerto Rico’s economic crisis,” but to call the territory’s status a “crisis” understates the severity of the problem. Over 12 percent of the workforce in Puerto Rico is unemployed, and one out of every four employed Puerto Ricans works for the government, instead of contributing to the territory’s economy.
In today’s edition of the Heartland Daily Podcast, Dr. Keli’i Akina, President of the Grassroot Institute of Hawaii, joins host H. Sterling Burnett to talk about the efforts to ban gasoline and diesel vehicles in the state of Hawaii and more.
Many people probably do not know it, but American shipping is still governed by the Merchant Marine Act of 1920. As noted by Keli’i Akina, president of the Grassroot Institute of…