Originally posted by keeptrying
I read on the puertorico-herald.com web sight that a senator from Oklahoma is sponcering a bill that will shut down Roosevelt Roads Navel base if Viequez is closed. It said this will cost Puerto Rico $3 billion in lost revenue a year.
If the base is closed, will Puerto Rico still be important to the USA? In what ways?
I have heard that lame arguement before. I heard once it is $1 billion in revenue, then in another it is $300 million in revenue! What is it! Puerto Rico will not be directly important to the USA if these bases closed, but indirectly for their Capitalist economy. Puerto Ricans consume $19 billion a year in USA goods and also trades 10's of billions of $ with the USA a year and if a new tax excemption is issued for their foreign investment, then that will be more then $29 billion a year of the USA gaining indirectly for their companies!
Puerto Rico is worth a lot to USA coporations, but if we had more Puerto Rican based and created corporations, we would be consuming our own goods and helping our own people and more contrabutions to our own economy which would mean we would be self-sufficient and no longer dependent on the USA! That is something the PNP and many, not all, but many in the PPD dont want, but it will sooner or later happen because obviosuly USA Congress doesnt like this current relationship as much as it did before, it wants direct benefits and statehood would obviosuly suck at more of the rest of the states representatives and money and we couldnt contribute as much because of our current state and innifficiency! Isnt it ironic!