Democrats want To Bail Out Puerto Rico - right here Is Why

you'd assume that with all of the hollowed-out political promises made at the 2016 DNC that the Democrats could be trying to curtail spending on other matters and searching for a few manner to as a minimum supply a tenth of what they have promised - no longer so. The humorous factor is that whenever authorities promises something it takes five-times as lengthy to come back to fruition than anticipated and it prices four-five times as an awful lot as stated, so anything you examine in Hillary Clinton's so-called "Plans" of what she can do as soon as elected - and permit's pray she isn't - it would possibly be similar to what the Junior Senator Obama promised on his marketing campaign path and the tough truth within the aftermath of factors like, properly like ObamaCare as an instance.

So what else do the Democrats want to do forthwith? properly, they'd like to cover Puerto Rico's socialist fashion spending of the beyond and bring the ones spending habits into the destiny as the 51st nation at some point - however why you ask? easy, The Democrats need to bailout Puerto Rico and if they had their druthers they'd like that to take place before the 2016 Presidential Elections with a purpose to get 3.5 million new Democrats. This makes considering that due to the fact Puerto Rico is a Welfare state territory, and in the event that they make it an real nation, the Democrats win the election, as 75% of the island would vote for socialism based totally politicians, meaning Bernie Sanders or Hilary Clinton could select up most voters, and in the event that they when they may stack the ultimate courtroom. This have to now not be allowed, it is a political electricity play, and it will likely be terrible for america moving ahead.

The Bailout of Puerto Rico isn't always insignificant; consistent with WikiPedia; "The Puerto Rican debt disaster is an ongoing financial disaster related to the amount of debt owed by using the authorities of Puerto Rico. The island has extra than $70 billion USD of incredible debt, with a debt-to-GDP ratio of about sixty eight%."

although it is able to pay some of it, the hobby bills at the moment are taking most in their finances, and also you idea the PIIGS (Portugal, eire, Italy, Greece and Spain) of the european Union were awful. $70 Billion is not any chump trade, and we appear to have a mini-Greece hassle right here ourselves, now what? Oh, no concerns the Democrats will prevent and promise you greater stuff like task education which has by no means worked when run by means of our authorities, complete bailout and other fancy hints to buy your votes there. OMG, it's miles tremendous the ineptness and socialist leanings of the Democrat birthday celebration - if we are not careful, we'll become like Venezuela.