Tag Archives: Puerto Rico

Puerto Rico

Posted on January 21, 2018 by whungerford

We should view the crises in Greece and Puerto Rico as canaries in the coal mine. Countries around the world are over promising and financing obligations with borrowing. You can’t live on credit forever. People are beginning to question why … Continue reading →

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Puerto Rico

Posted on June 11, 2016 by whungerford

Puerto Rico On Thursday the House considered H.R. 5278, the Puerto Rico Oversight, Management and Economic Stability Act. Puerto Rico is a United States territory and its residents are citizens. It is currently facing a significant financial crisis, deep in … Continue reading →

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The Greek people voted down austerity; we should do the same

Posted on July 8, 2015 by whungerford

Tom Reed called the Greek debt crisis a “stern warning” to America, advocating for the Federal government to live within its means and move toward a balanced budget. The Greek people voted to reject austerity–a wise move. Cutting spending when … Continue reading →

Posted in Congress, Economics, Political, Reed's Views | Tagged , , , | 2 Comments