Peurto Rico.docx - Is it the right time for Puerto Rico to...

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Is it the right time for Puerto Rico to become a state? I would say no, but with time, of course. The biggest problem with Puerto Rico right now is that their economy is in the toilet with little hope of recovering any time soon. In fact, none of our territories are doing particularly well with the US Virgin Islands looking to go through a massive debt reconsolidation and Guam following shortly behind. All our territories are starting to hover around 50% or more of their debt to GDP ratio which is a very troubling sign (Roberto, 2017). Adding a new state to the flag should be a joyous occasion which hasn’t happened since the middle of the 20 th century. This is currently the longest dry spell the US has had in acquiring new states. But a new state should come with some hope left in it, it shouldn’t come with a massive crisis following behind it on its way in. Puerto Rico, for all the vibrancy of the culture, has very little left in its economy.
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