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.
Thought Obama did not believe in Christmas?
Boy I worked for the wrong level of government. In my 41 years of local government service I never received a bonus. This is a crime, a gift of public funds for doing your job. They must be paying off bribes to keep quiet the sexual favors provided.
Where is my share if the Christmas bonuses?!
Because they work so hard and they deserve it.
Govt job and bonus no wonder the rest of us pay more tax.
18 trillion in DEBT? wonder why?
You will have to take this nation back by FORCE! PERIOD
and we have a defficient of how much, wonder how that happened
They need to be taken out of the United States and rely on their own government to support them.
Why don’t seniors get bonuses.