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June 11, 1975 MEMORANDUM FOR: JIM CANNON 8. FORD FROM: SAM HALPER SUBJECT: PUERTO RICO: A Harsh Light Dawns PROBLEM The statistics of Puerto Rico's progress in the quarter century of Operation Bootstrap have been a wonder=-l0 to 12% annual GNP increases, bu inesses 1,000 US industries and opening up in Puerto Rico, more than 2.8 new jobs? each with a multiplier effect of and much, much more. Yet right now, after more than 25 years=-quite apart from recession there is still the same percentage of unemployed and roughly the same percentage of people below the poverty level. The unemployed and veryk poor generally are better off in an absolute sense, asse accelerating but not relative to the índices of GNP, or the numbers of telephones or Gadillacs or massive or to (never before own their rising expectations. us Sixty percent of the island below the poverty level according to the 1970 cengus, V. 10% on the mainland, unemployment 1s up to 17% officially privately the Governor admits to 30A] 71% and of the families are on food

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This file contains materials relating to the Ad hoc Advisory Committee on Puerto Rico and the proposed compact of permanent union.

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    "ocrText": "June 11, 1975\nMEMORANDUM FOR:\nJIM CANNON\n8.\nFORD\nFROM:\nSAM HALPER\nSUBJECT:\nPUERTO RICO: A Harsh Light Dawns\nPROBLEM\nThe statistics of Puerto Rico's progress in the quarter century of\nOperation Bootstrap have been a wonder=-l0 to 12% annual GNP increases,\nbu inesses\n1,000 US industries and\nopening up in Puerto Rico, more than\n2.8\nnew jobs? each with a multiplier\neffect of\nand much, much more.\nYet right now, after more than 25 years=-quite apart from recession\nthere is still the same percentage of unemployed and roughly the same\npercentage of people below the poverty level. The unemployed and veryk poor\ngenerally\nare better off in an absolute sense,\nasse\naccelerating\nbut not relative to the\níndices of GNP, or\nthe numbers of telephones or Gadillacs or massive or\nto\n(never before\nown\ntheir rising expectations.\nus\nSixty percent of the island below the poverty level according to the 1970\ncengus, V. 10% on the mainland, unemployment 1s up to 17% officially\nprivately\nthe Governor admits\nto 30A] 71%\nand of the families are on food"
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