"There are three kinds of lies," said Mark Twain. "Lies, damned lies, and statistics." Unfortunately for Puerto Rico, this is not an aphorism; it is an operating principle.
Separated by an ocean and a language from the mainland, Puerto Ricans have watched the US government lie brazenly and repeatedly -- to the American people and the world at large -- about its actions and interests in the Caribbean.
The latest walk down liar's lane is a cut to the minimum wage, as proposed by the US House of Representatives' Committee on Natural Resources.
Efforts to Lower the Minimum Wage
On April 12, 2016, the House Committee on Natural Resources released HR 4900: the Puerto Rico Oversight, Management, and Economic Stability Act, with the acronym of PROMESA. The bill creates a Financial Control Board, which will act as a collection agency for the hedge funds/vulture funds throughout the island.