Jorge L. Rodríguez, founder and president of the Institute for Economic Liberty (ILE by its name in Spanish), traveled to Washington, D.C. to present an update of the report From NAP to SNAP: A Bridge to Economic Liberty for Residents of Puerto Rico, published by ILE last year. The report presents the characteristics and operation of the federal government’s block grant currently received by the Island, for nutrition assistance, and compares and contrasts its limitations with the benefits of the Supplemental Nutrition Assistance Program (SNAP).
"That's bad, it's mediocre. Consequently, there is a lot of room for improvement in terms of corruption, rule of law, efficiency of public spending and the effectiveness of the judiciary. (Puerto Rico) has the problem of a very large government and inflexible labor regimes, so there are several issues there that Puerto Rico needs to improve on the economic liberty indicators," Kaiser said.
El Instituto de Libertad Económica (ILE) publicó los resultados de una investigación sobre el conocimiento de los principios del libre mercado y la afinidad con ellos en Puerto Rico. El estudio abarcó los cuatro pilares principales del libre mercado: "Libertad individual", "Estado de derecho", "Derecho a la propiedad privada" y "Gobierno limitado", y temas como "situación actual de Puerto Rico", "asistencia social" y "meritocracia", entre otros.
The Institute of Economic Liberty (ILE) announced the results of an investigation on the knowledge of the principles of the free market, and even as those who participated in the study’s survey stated that they were divided on how they assess their personal economic situation, 88% responded that Puerto Rico’s “economic situation is bad or very bad.”