President Donald Trump said Tuesday he wants to help Puerto Rico after Hurricane Maria. It’s one of the first times he has spoken about the ongoing humanitarian crisis in the American territory, but he wanted to make sure that people knew it wasn’t a humanitarian thing. It was an investment, largely because of the commonwealth’s ongoing debts to Wall Street.
Texas & Florida are doing great but Puerto Rico, which was already suffering from broken infrastructure & massive debt, is in deep trouble..
— Donald J. Trump (@realDonaldTrump) September 26, 2017
…It's old electrical grid, which was in terrible shape, was devastated. Much of the Island was destroyed, with billions of dollars….
— Donald J. Trump (@realDonaldTrump) September 26, 2017
…owed to Wall Street and the banks which, sadly, must be dealt with. Food, water and medical are top priorities – and doing well. #FEMA
— Donald J. Trump (@realDonaldTrump) September 26, 2017
The debt mentioned in Trump’s tweet amounts to roughly $70 billion, according to the BBC. The financial burden on Puerto Rico was so severe that Governor Ricardo Roselló sought to restructure the debt in May after declaring a form of bankruptcy for the island. It will be even more difficult for Puerto Rico to pay off its debt if the island has to complete major infrastructure repairs, with credit ratings agency Moody’s reporting on Monday that “severe damage to infrastructure and private property that is not offset through federal relief efforts will signal reduced economic capacity.”
Puerto Rico’s capacity to pay off its debt will also be hurt if it suffers a continued population decline. Its population declined by 8 percent to 3.4 million within the last seven years, and that will likely get worse if humanitarian conditions in Puerto Rico continue to worsen. The commonwealth continues to struggle with widespread food and water shortages, while nearly the entire island remains without electrical power. Although there are currently no reports of widespread hunger, cash is limited and many electronic transactions (such as using credit and debit cards) are currently not possible.
Despite this crisis, Trump had other matters on which he felt the need to vent on Twitter. Foremost among them was the ongoing controversy over NFL players’ national anthem protests.
Ratings for NFL football are way down except before game starts, when people tune in to see whether or not our country will be disrespected!
— Donald J. Trump (@realDonaldTrump) September 26, 2017
The booing at the NFL football game last night, when the entire Dallas team dropped to its knees, was loudest I have ever heard. Great anger
— Donald J. Trump (@realDonaldTrump) September 26, 2017
But while Dallas dropped to its knees as a team, they all stood up for our National Anthem. Big progress being made-we all love our country!
— Donald J. Trump (@realDonaldTrump) September 26, 2017
A cursory glance at Trump’s Twitter feed over the past few days shows that he has been obsessed with what grown men do during the national anthem.
If NFL fans refuse to go to games until players stop disrespecting our Flag & Country, you will see change take place fast. Fire or suspend!
— Donald J. Trump (@realDonaldTrump) September 24, 2017
…NFL attendance and ratings are WAY DOWN. Boring games yes, but many stay away because they love our country. League should back U.S.
— Donald J. Trump (@realDonaldTrump) September 24, 2017
Great solidarity for our National Anthem and for our Country. Standing with locked arms is good, kneeling is not acceptable. Bad ratings!
— Donald J. Trump (@realDonaldTrump) September 24, 2017
Courageous Patriots have fought and died for our great American Flag — we MUST honor and respect it! MAKE AMERICA GREAT AGAIN!
— Donald J. Trump (@realDonaldTrump) September 24, 2017
Sports fans should never condone players that do not stand proud for their National Anthem or their Country. NFL should change policy!
— Donald J. Trump (@realDonaldTrump) September 24, 2017
So proud of NASCAR and its supporters and fans. They won't put up with disrespecting our Country or our Flag – they said it loud and clear!
— Donald J. Trump (@realDonaldTrump) September 25, 2017
Many people booed the players who kneeled yesterday (which was a small percentage of total). These are fans who demand respect for our Flag!
— Donald J. Trump (@realDonaldTrump) September 25, 2017
The issue of kneeling has nothing to do with race. It is about respect for our Country, Flag and National Anthem. NFL must respect this!
— Donald J. Trump (@realDonaldTrump) September 25, 2017
— Donald J. Trump (@realDonaldTrump) September 25, 2017
.@CNN is #FakeNews. Just reported COS (John Kelly) was opposed to my stance on NFL players disrespecting FLAG, ANTHEM, COUNTRY. Total lie!
— Donald J. Trump (@realDonaldTrump) September 25, 2017
General John Kelly totally agrees w/ my stance on NFL players and the fact that they should not be disrespecting our FLAG or GREAT COUNTRY!
— Donald J. Trump (@realDonaldTrump) September 25, 2017
Tremendous backlash against the NFL and its players for disrespect of our Country.#StandForOurAnthem🇺🇸
— Donald J. Trump (@realDonaldTrump) September 25, 2017
