Wednesday, July 8, 2015

John Nichols — Martin O’Malley Has the Right Solution for Puerto Rico’s Debt Crisis

Puerto Rico is not Greece.
But the United States commonwealth is confronted with a debt crisis. It faces the threat of a brutal round of austerity cuts, which could make a bad circumstance dramatically worse. If ever there was a moment that called for enlightened leadership that recognizes both the economic and social challenges facing the Puerto Rico, this is it.

Former Maryland governor Martin OMalley heard that call as the crisis began to come into focus last month and declared, “As a nation we must help our fellow US citizens not only because it’s the right thing to do, but because our region’s economic stability depends on it.”

Urging the Obama administration and Congress to act “to avoid Puerto Rico’s economic collapse,” O’Malley said in a statement….
The Nation
Martin O’Malley Has the Right Solution for Puerto Rico’s Debt Crisis
John Nichols

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