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Puerto Rico: The Crisis and The Elections Few Know Of

By Scott Morgan
Over the weekend of June 11th a referendum was held in the US Territory of Puerto Rico. Not many people were aware of this due to the copious press coverage over the Parliamentary Elections in France.

This exercise in democracy prompted some outrage amongst the political left for its timing. The island is in the midst of a severe financial crisis. From an economic standpoint it faces massive bills with a shrinking source of revenue. Partly this is due to letting a series of tax incentives expire that were necessary to entice businesses to set up operations on the island.With this in mind, the opposition derided the idea of having this plebiscite.

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