The Future of Puerto Rico

Whether Puerto Rico is the 51st state of the United States is an important issue that has been considered over the past 50 years. Puerto Rico is currently a federal unit in the United States and has dominated the United States for a century. Before the United States took over in 1898, Spain dominated Puerto Rico for about 400 years. But the current and related issue is whether Puerto Rico remains the US federal state, becomes the 51st state, or gains independence. Former Governor Puerto Rico (1973 - 1976, 1985 - 1992) claimed that Congress had to take action, with Puerto Rico's "fine".

Even seemingly unrelated federal government policy discussions, the status of Puerto Rico tends to appear at least on the line. The Puerto Rican supervision may be relevant to Congress as the House and Senate oversees Puerto Rico's supervision, management and economic stability law (PROMESA; PL 114-187; 48 USC § 2101 or less) in the near future . The 114th convention. The status also affected the policy background of the US Supreme Court ruling in the Sanchez Valley litigation in 2016. This report does not provide an economic or legal analysis of these topics, but rather provides a policy and historical background to understand the current relationship between the situation and Congress.

Yesterday I talked in Puerto Rico at a hearing organized by the Financial Management Committee and I will then call it Prometa and comply with the law establishing it. In the future of the population of Puerto Rico, they let me participate as speakers. After all, I wrote many of this topic. Basically, I would like to see a reasonable forecast of the population of Puerto Rico. Therefore, I have established the population model of Puerto Rico until 2060. I benchmarked Puerto Rico's demographic experience from 2011 to 2016 based on birth rate, mortality rate and mobility. All benchmarks are inflow / outflow / birth rate / mortality rate inherent in individual age and sex. I also subdivided the influx of international capital, the population of Puerto Rico into the mainland of Puerto Rico, and the influx from other mainland.

Puerto Rico has been the territory of the United States since 1898 (read: colony), in 1917 the Puerto Rican acquire American citizenship through the Congressional Act. However, the Puerto Ricans who live in Puerto Rico do not enjoy the full benefit of becoming a US citizen. For example, Puerto Rico's funds declined by 38% despite paying the same level health insurance tax as the other 50 states. People living in Puerto Rico can not vote for the President of the United States (but they can vote for the president's primary) and they are not voting in Congress.