The immigration fiasco on the southern border is not the only ongoing U.S. crisis involving an exodus of Spanish speakers. Since 2006, Puerto Rico has endured an economic and fiscal collapse that has seen nearly a million people emigrate to the mainland United States, which is now the home to more Puerto Ricans than the island itself.
Puerto Ricans have lived through decades of this left-wing utopia, and they are fleeing it. The island’s working-age population declined by 100,000 since 2005, as the economy shifted from stagnation to depression. In a parallel universe with free markets and low regulation, Puerto Rico could have become the Singapore of the Caribbean.
Much ink has flowed during these months about the crisis that is looming over Puerto Rico with the exodus of doctors and other health personnel who, encouraged by the good salaries paid in the United States, and fed up with putting up with the excesses of the insurance companies, decide to put the sea in between.
Migration is used as a factor to assess the economic freedom of regions, states, and localities. When we investigated the inbound and outbound domestic migration trends of the US, from 2011 to 2019, we found that states and territories where economic freedoms were promoted had higher inbound migrations.