大咖福利影院

Based on what the article says, that is great!!! Adding 3000 jobs over 3 yrs is nothing to sneeze at. That is major. The company hits a much needed job niche (employee skill level). Filling that gap with a high volume employer is hard to find. Between construction employment and any ancillary jobs that are created, this should be a blessing to PR. This success, plants seeds with other companies that say, "OH, I thought PR was dying. Let us go and check them out!!"

I have said it and stand by what I have said, "If the PR Government will stay the course with the current incentives (and improve as needed), stay Pro Business, hardball negotiate concerning their liabilities, and not get unwise and greedy, PR will come out of this major hole and be the most prosperous place in the Caribbean. Unemployment will continue to down and the whole Island will be Blessed, if each person is willing work and do their part.

What wonderful and hopeful news shared! I hope this will slow down the native locals migrating to the states for jobs. It鈥檚 awfully sad to hear how they are leaving their homeland in droves. This opportunity will help provide jobs for so many who feel at a crossroads where employment issues are concerned.

Unfortunately, a lot of businesses have closed and in some cases gone on hold like hotels for example. The number of jobs lost in the economy is much greater than what this article talks about. Also if I remember correctly, those 3 thousand jobs are a plan for 3 years, not 3,000 in a couple of months.

I am sure that as the people start receiving funds from insurance companies and from FEMA, that more TEMPORARY jobs will appear over the next 6-12 months but after that a good number will disappear along with all the FEMA jobs. These are people that no longer will have money to buy clothes and eat at restaurants, which in turn causes more unemployment as those business reduce their employee expenses since there is less business.

In my opinion, there are no short term good news, good news should start occurring in 3-5 years.
Just my opinion.

Rey
Yes you are correct about the 3000. But progress has to start somewhere. The article said they would start construction this year, so that will generate/sustain jobs for each of the companies involved. Plus the 300+ Jobs that will start this year. That is still a good number for job creation in 1 company for 1 year.

Will take a while to see major changes as you stated, but I believe you will see good progress sooner in certain pockets of the Island. But I do believe there will be a Snowball effect.

I am glad that one of the companies will be located in Ceiba area as that town needs all the jobs it can get.

The Roosevelt Roads old military base has been marketed with its port huge land area, its own power plant but no large corporations have taken the bait yet. Great place for housing, hotels, water park, etc.

I agree that there is no short term solution. Especially when it comes to a long history of issues. It is, however, a step towards progress and anything that is a move for positive change makes me optimistic for the island鈥檚 future. According to the article they will start the hiring process mid-year but as another mentioned there will be construction work before then to begin building at various locations.

鈥淎ccording to Rossell贸 these new jobs will be created within a three-year period, once the company invests $11 million in three new facilities in Roosevelt Roads Naval Station and in Can贸vanas, Guaynabo, Aguadilla and Mayag眉ez.鈥�

Looks like they are going to invest in 鈥淩osy鈥� as my wife refers to Roosevelt Roads. I wonder where this leaves Pierce & company who had their eyes on purchasing there to build their crypto city. This may change things for us living part time in Isabela/Augadilla if my wife can secure a position with her managerial experience. She wasn鈥檛 planning on working but this could be a game changer.

PR should look in to doing a tax reform like in the mainland. Maybe more businesses would settle here. Bring more jobs. Income tax here and taxes in general are ridiculously high if you have a good job.

Personally I believe that the PR Gov should offer tax incentives (not the same) but similar to Act 20 & 22 to all PR Businesses and Business Owners. That would really help stimulate long term growth as well.

Sure many entrepreneurs get a tax break and many small business owners. But those who make over 55-60k who work for a business, income tax is insane, even compared to high tax states. Unless you love PR, at that income聽 bracket it鈥檚 just not worth it. Especially if you don鈥檛 have dependants.

The problem with taxes is that you have a government that is very inefficient and very heavy with employees that they can not fire, demote or reduce salaries, they also have the issue that most public employees have their own retirement plan and that few public jobs pay social security, so the retirement fund is the only money they can get. There are 78 towns each with a mayor and his work teams. So there is a lot of people to be payed and the government up to this point is relaying on attrition and early retirement as a way to reduce their ranks.

Imagine the taxes if PR becomes a state!!!!!
33% for state tax and 20% for Federal plus 11.5% IVU for a 60k job.

Many states have an income tax of around 4-6% and they make do with that!!!!!

But PR is super top heavy in employees, some make more money that members of congress, take a look at the police secretary that makes 250k a year as an example and most mayors make between 40-70k a year not counting their large staff.

Until PR slims down, there is no way they are going to lower taxes or give local businesses a tax break. If they did, they would have to take down employees down by 80% and cancel the retirement funds.

Not going to happen any time soon, about 1/3 of the people that work in PR, work for the government!!!!!!! and those employees vote and have a number of unions representing them.

If schools become charter and in private hands, if they privatice the police management, AEE, AAA, more jails, if they get rids of the mayors and create the 12 counties, there will be a lot of public employees in the street raising hell because they have to reapply for a job and their previous pension may disappear.

Government needs to slim down a hell of a lot and do so quickly while providing better and faster customer service, which can only happens if they get the fear of god and don't have all the unions protecting them.

Until then a lot of the government money goes to salaries, and real state and equipment for people that do little.

The governor has a lot of stuff he is working on including reducing like 135 government agencies down to 35 but he is doing this with no layoffs, this reduces the number of offices and puts more services in one single place, but the number of employees is the same.

Rey
You are so right. Did not think about that.

Bloated and Wasteful Governments are a problem every where.

Like I said, I can see the taxes if it becomes a state you add the federal taxes on top of the super high PR taxes plus IVU and people wont be able to put gas on their cars or pay the rent.

Goverment been selling this idea of statehood to the poor which is around 45% of the population, telling them how federal money will rain down for education, medicaid, welfare, food stamps and they are eating it up since they pay little or no taxes.

The middle class on the other hand would royally get screwed.

Rey
Again you are right. If PR was made a State it would be the highest taxed state in all the USA. The people wanting it better wake up and use some wisdom and brain power. PR does NOT need to be in the USA system as a state. That would royally screw the working class and tax payers in PR.聽 Act 20-22 would disappear which would cut off that opportunity for economic growth. There would be a host of bad issues and problems it would bring with very very few benefits. Business / Investors would leave and it would become聽 Social Nanny State.

One other thing, the USG is more in debt and bankrupt than PR. So they need to distance themselves as much as possible.聽 Implementing 20 & 22 was a great step in doing that and WORKING TO CREATE financial independence from the USG.

鈥淐rypto city鈥�... like that was ever going to happen. We should focus more on deeds and less on press releases.

Roosevelt roads has one of the most beautiful coastlines in PR. The Navy knew where to build their bases. (The Army, on the other hand...)

Or you can choose to focus on both seeing the news press releases make people aware of what is going on. Of course, it鈥檚 smart to know not to believe everything you read and hear.

We鈥檝e been focusing much of our deeds on hurricane relief with Second Union Church in Guaynabo. In addition, we support other hurricane relief grassroots missions. Once we are on the island we will continue our involvement.

That is us though and we don鈥檛 impose what we do on to others. I find it counterproductive to dictate on an expatriate website where people need to focus their energy when it comes to press releases and deeds.