Hurricane Maria did more than destroy Puerto Rico’s electric grid and water supply. It has destroyed the Puerto Rican economy. Pharmaceutical factories, the island’s main source of jobs and income, are either closed or partially operating. Many small businesses were destroyed, and those that weren’t are struggling without reliable electricity or running water.
The tax revenue Puerto Rico’s government normally gets each month is largely gone and by the end of October, the US territory will probably run out of money to pay workers and retirees.
If that happens, economists and some public officials are warning, a second catastrophe will unfold one with severe long-term consequences for the territory and its people. But, they sa…
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