Some things are easier to visualize than others. Visualizing the portion of our income that is taken in taxes, for example, is relatively straightforward. First the money was there, and then it went somewhere else. But what about money that was never there in the first place? As a result of the burden of overregulation, hundreds of billions of dollars …
In median income, poverty rates, labor participation, as well as food stamp usage, we find that Puerto Ricans on the mainland fare far better than Puerto Ricans on the island. Still, the ones who use more food stamps are those on the island, not the mainland. The true culprit is not a lack of welfare, but a lack of economic freedom on the island.
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