Andrew Cuomo and Alejandro Garcia Padilla, the governors of New York and Puerto Rico, have found a solution to Puerto Rico’s fiscal crisis. They opened a little souvenir shop in San Juan, called I NY, that will soon be “selling New York products.”
The two governors were very proud of this, as they stood before a new “trade and tourism office” on Calle San Francisco, that will create “mutually beneficial tourism opportunities” and sell little dolls, artifacts, and porcelain coquís from an as-yet unfinished curio shop.
On November 5, the two governors and seven other New York politicians cut the ribbon to this major breakthrough in the Puerto Rico fiscal crisis. The “I NY” sign hovered right over their heads, like an accidental halo.
Nine politicians and a dying island
Gov. Cuomo quickly announced this major economic development project on public radio, social media, and upstate New York news outlets.
Of course, since Gov. Cuomo has received $1.28 million in “campaign contributions” from 47 hedge funds that are holding Puerto Rico’s debt, we can’t expect much in the way of debt re-structuring, Chapter 9 bankruptcy relief, or any real economic assistance to Puerto Rico.
Not from these two governors.
They’re too busy re-arranging the deck chairs on the Titanic.
Or perhaps selling them.