Overcoming the challenges of Puerto Rico’s earthquakes
A message from CNE President and Founder, Miguel A. Soto-Class.
CNE – Centro Para Una Nueva Economía – Center for a New Economy
Non-profit, economic research and policy development organization
A message from CNE President and Founder, Miguel A. Soto-Class.
A letter from CNE President Miguel Soto-Class highlighting CNE’s response to the recent earthquakes in Puerto Rico
Puerto Rico faces a host of daunting challenges, including chronically high poverty (especially among children), low labor force participation, over a decade of economic decline, an unsustainably high debt burden, and the lingering effects of the devastating hurricanes of 2017 that make its long-term prosperity harder to attain. To address these challenges, the Commonwealth needs a comprehensive economic package that centers around powerful tools such as the Earned Income Tax Credit (EITC).
For decades, Puerto Rico has received limited funding to run a bare-bones Medicaid program that fails to provide adequate care for 1.5 million people who depend on the program. It is time for Congress to stop nickel-and-diming Puerto Rico’s Medicaid program, and enact a permanent, comprehensive fix.
Los fondos federales para la reconstrucción después de un desastre natural se administran a través de un complicado entramado de programas, manejados por diferentes agencias y están sujetos a una multiplicidad de reglas y reglamentos. En términos generales, las dos agencias principales son la Administración Federal para el Manejo de Desastres (“FEMA”) y el Departamento de Vivienda y Desarrollo Urbano (“HUD”).
Actualmente, La Junta de Planificación está llevando a cabo un ejercicio de calificación de suelos, de forma poco transparente y atropellada, que busca alterar significativamente las directrices existentes. Con este escrito queremos proveer un trasfondo general sobre las implicaciones de estos cambios, aclarar algunos términos que pueden ser técnicos y escabrosos, y proponer un debate sobre asuntos críticos para la planificación y el futuro de Puerto Rico.
A message from CNE President and Founder, Miguel A. Soto-Class.
The summer of 2019 witnessed a masterful demonstration of civic engagement by the people of Puerto Rico. When accusations of corruption, misconduct, and deceit threatened to tarnish the island’s reputation, the people of Puerto Rico —both home and abroad— took to the streets peacefully to clean house and show the world that civility and honesty can prevail in the face of daunting political challenges.