Special Report: The bankrupt utility behind Puerto Rico’s power crisis

Special Report: The bankrupt utility behind Puerto Rico’s power crisis
Reuters ^ | October 4, 2017 | by Nick Brown, Robin Respaut, Jessica Resnick-Ault

Posted on 10/04/2017 11:16:41 AM PDT by Oldeconomybuyer

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To: HotHunt

PR’s mistake was to kick out the navy bombing range. It infused $300 million into the local economy which is now gone. Nothing replaced it. Unintended consequences of bad decisions.
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Also the tax incentives have been going away gradually since 2006...

21 posted on 10/04/2017 4:36:28 PM PDT by Neidermeyer (Show me a peaceful Muslim and I will show you a heretic to the Koran.)

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