PUERTO RICO: Trying to Moke It Without Miracles

Puerto Rico came to the U.S. as a prize of the Spanish-American War, and no colonial concubine ever passed to a new master with so meager a trousseau; the island was virtually devoid of natural resources and could barely feed itself. Only after World War II did Puerto Rico move from wretched poverty to the highest living standard in Latin America. It also achieved considerable autonomy under a unique political status called commonwealth by mainlanders and Estado Libre Asociado (Free Associated State) by islanders.

Now the boom is over, and Puerto Rico's future...