Give Puerto Rico Its Chance to Thrive

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This is an opinion item.

Author(s) Lin-Manuel Miranda
Source The New York Times
Date March 28, 2016
URL http://www.nytimes.com/2016/03/28/opinion/lin-manuel-miranda-give-puerto-rico-its-chance-to-thrive.html
Quote
Quotes-start.png There are remedies when governments run up debt. If Puerto Rico were an American city, it could declare bankruptcy, as Detroit did in 2013. If it were a state, the federal government would surely have already declared emergency measures to help the most vulnerable. But since it is a territory of the United States, there is no system in place to handle the financial and humanitarian crisis that is happening right now. Quotes-end.png


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This item argues for the position Puerto Rico should be allowed to declare bankruptcy on the topic Puerto Rican government-debt crisis.