Op-Ed: SBA ignites small business, fueling economic engine, creating more jobs
March 5, 2019
Economic vitality means tomorrow will be better than today. Small business owners across the Atlantic Region of New York, New Jersey, Puerto Rico and the U.S. Virgin Islands are currently witnessing record-setting growth; it’s a boon to the backbone of the American economy. With more than 97 percent of businesses in the United States being […]
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Op-Ed: The Jones Act…Again
March 4, 2019
In a recent issue of News Is My Business (NIMB) an Op-Ed piece summarized a new study on the impact of the cabotage law on Puerto Rico. It is better than all previous ones, according to the co-author of the study, who modestly attributes this to the fact that they interviewed importers and not because […]
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Op-Ed: The problem with Vieques/Culebra ferry is 50 yrs of ‘criminal mismanagement’
March 1, 2019
In referring to the unfortunate ferry debacle last weekend resulting in the resignation of Director Juan Maldonado, Vieques Mayor Victor Emeric, was right — the problem is not the misuse of an idle cargo ferry, it’s the 50 years of criminal Maritime Transportation Authority (ATM, for its initials in Spanish) mismanagement that has plagued the […]
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Op-Ed: The burden of the Jones Act
February 28, 2019
Our firm, Advantage Business Consulting, just concluded a study on the impact of the Jones Act on Puerto Rico that is much better than the two studies commissioned by the Jones Act Carriers (JACs) or even the one prepared by the General Accounting Office (GAO). It is not that we are geniuses at Advantage. It […]
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Op-Ed: PREPA privatization plan overlooks unionized workers as best asset
February 26, 2019
Puerto Rico’s Senate and House of Representatives are finalizing an energy policy bill that amends the existing privatization plan for the Puerto Rico Electric Power Authority. One of the remaining issues is whether to require future private utility owners to honor existing PREPA collective bargaining agreements with labor unions. The legislature should protect these agreements. […]
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Op-Ed: PREPA’s new Integrated Resources Plan ‘crucifies’ P.R. with natural gas
February 15, 2019
The new draft of the Puerto Rico Electric Power Authority’s Integrated Resources Plan (IRP) proposes to crucify Puerto Rico with natural Gas off-shore and land-based ports, negatively impacting the island’s marine ecology and multiple species. The plan proposes the construction of marine terminals and gas-pots in the bay of San Juan, Yabucoa, Mayagüez and possibly […]
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Ford Motor Co. named global sustainability leader In water, climate change efforts
February 11, 2019
Ford Motor Company received an “A” grade for its water security efforts from CDP, the environmental impact nonprofit that drives sustainable economies. This marks the fourth year in a row Ford has earned an A from CDP for its water management efforts, the company said. Ford is one of fewer than 30 companies globally to be […]
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Op-Ed: Home solar and batteries, turning the world right side up
February 4, 2019
“In the eye of the hurricane there is quiet; for just a moment…” Lin-Manuel Miranda We all remember the aftermath of María: polluting and strident generators, scarce fuels and price speculation, unbreathable air and darkness; the longest blackout in US history. We lost thousands, the poorest and the elderly being the hardest hit. The world […]
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Op-Ed: Is FEMA using flawed indicator in decision-making process in P.R.?
January 25, 2019
For decades, government officers and academia have indicated that the problem for doing research in Puerto Rico has been the lack of access to data. Paradoxically, regarding Puerto Rico, today we find ourselves with statistical independence threatened by political forces and with questionable data analysis produced by some organizations. Is inaccurate data analysis common in […]
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Op-Ed: P.R’s per capita debt load is ‘far lower’ than that of mainland states
January 17, 2019
Recent discussions of Puerto Rico’s debt levels by both Puerto Rico officials and the Financial Oversight and Management Board for Puerto Rico represent that the island’s per capita debt levels are far higher than the average per capita levels of mainland states in the U.S. mainland. However, that analysis compares only state-level debt and ignores […]
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Op-Ed: Concerns grow over appointments to Institute of Statistics board
January 14, 2019
The Puerto Rico Science Policy Action Network (PR-SPAN) and CienciaPR, the largest network of Puerto Rican scientists in the world, is echoing the concerns expressed by the American Statistical Association and the Association of Economists of Puerto Rico about recent appointments to the Board of Directors of the Puerto Rico Institute of Statistics and how […]
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Op-Ed: Financial stability during retirement
December 28, 2018
To maintain your lifestyle level when you retire, you will need to receive approximately 70 percent of the income you earned while working.
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Op-Ed: PREPA keeps relying on expensive consultants, IEEFA says
December 26, 2018
The Puerto Rico Electric Power Authority’s overreliance on outside advisors continues to undercut its ability to invest in the people needed in Puerto Rico.
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Op-Ed: Small Business Saturday a success for local merchants
December 20, 2018
The unofficial kick-off to the holiday season places neighbors’ focus on buying with small businesses and local merchants.
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Op-Ed: Reducing food waste — An environmental problem that begins at home
December 17, 2018
The average household in Puerto Rico generates 5.5 lbs. of garbage per day, which ends in one of the 29 landfills or sanitary landfill systems existing on the island.
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