Blue Meltdown Puerto Rico Girds for Default
The first of a set of defaults looks likely happen early this week, while Washington appears no closer to coming up with a solution to make the unraveling more ordered.
Blue Meltdown Detroit Seizes Homes to Fund Corruption
Detroit is foreclosing on homes whose owners failed to pay property taxes. This is the ugly state of the Great Society in many cities today: corruption and dysfunction funded by injustice.
Blue Meltdown NYC’s Disappearing Middle Class
The middle class is quickly disappearing in blue New York City—and many of Mayor de Blasio’s policies will accelerate that process. It turns out the rich wear blue the best.
Blue Meltdown Young People Abandon Puerto Rico
Puerto Rico now has another problem on top of its ravaged finances and poor credit rating: citizens are fleeing the island in droves. Since the year 2000, Puerto Rico has lost nearly 300,000 people to the mainland—a large number of an island with a population of 3.6 million—and the exodus is only speeding up, with an average of 54,000 leaving the island over the past few years. And with the unemployment rate hovering near 15 percent, nearly double that of the mainland, the trend shows few signs of reversing.