Someone forgot to tell Puerto Rico the wise adage: “If you don’t have the cash, then don’t buy it!” The island territory has a debt of $70 billion dollars, is at risk to default come January, 2016, on $900 million and decided to “charge” Christmas bonuses for government employees, to the tune of $120 million.
Someone needs to cut off the allowance, take away the credit cards and require a Dave Ramsey course for imprudent squandering territory.
One-hundred-thirty-six years ago, Puerto Rico enacted a law that requires Christmas bonuses to be paid to government workers. No thought was apparently given to the economic ups and downs that would absolutely occur in this territory. No one took into account that perhaps a LAW was too binding and therefore should not create a promise that was not good for the country and would never be revoked.
But in 1969, Puerto Rico must have been feeling generous when they included mandatory Christmas bonuses. In 2015, Puerto Rico is standing with its tin cup, at the White House door, begging alms for the poor.
On the next page, read how we are enabling Puerto Rico, instead of cutting off the slush fund.
Why? This is so unfair to the nation.
This is disgusting! They do not deserve any bonuses!
Yawn. Those government workers need a raise have you ever watched them work
Not right
Isn’t that tipical
Why they havent done anything
No bonus for SSI – or the homeless – the list goes on.
this just get more sicken every day
I am so sick of our government. Weird All needs to come out with a song We Don’t Need No Government. I bet it would be a number one hit!!!
Government hires aren’t the “Cream of the Crop”………usually appointees of other government employees……..Should be paid way less than private sector jobs!!!!