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 $120 million.
Someone needs to cut off the allowance, take away the credit cards and require a Dave Ramsey course for imprudent squandering territory.
One-hundred-thirty-six years ago, Puerto Rico enacted a law that requires Christmas bonuses to be paid to government workers. No thought was apparently given to the economic ups and downs that would absolutely occur in this territory. No one took into account that perhaps a LAW was too binding and therefore should not create a promise that was not good for the country and would never be revoked.
But in 1969, Puerto Rico must have been feeling generous when they included mandatory Christmas bonuses. In 2015, Puerto Rico is standing with its tin cup, at the White House door, begging alms for the poor.
On the next page, read how we are enabling Puerto Rico, instead of cutting off the slush fund.
So glad us tax payers work for that!
I thought you got bonuses when you did a good job
Do nothing people in gov get raises and then there are our vets, they should all be ashamed and hope that money brings nothing in their lives
They are some of the worst employees in the country . Most are lazy and rude and in no way deserves a bonus of any type
Yeah….while our Vets are HOMELESS, they Rob the coffers.
I like to$#%&!@*
And now the Muslims workers will take that money too ? Hope they got ham !
Their pay should be cut to minimum wage.
what about our service men and women and the elder on ss?
Not acceptable at all, since they cut the wages and benefits for our military and vets and then cut the cost of living raise to senior citizens on Social Security which is their own money to begin with.