PUERTO RICO: Did Raúl Maldonado & Manuel Laboy made you richer in 2018?
Channel: Rise n' Fall
Date: 2019-12-17

Did Puerto Rico ministers related to finance and economy Raúl Maldonado and Manuel Laboy made you richer or poorer in 2018?


Evaluation is based 100% on statistic, and not on subjective political statements. 
SECRETS REVEALED: Puerto Rico ministers related to finance and economy Raúl Maldonado and Manuel Laboy in 2018 performed: POOR.

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TIMESTAMPS:
Metric explanation 0:35
Grades explanation 1:29
Raúl Maldonado and Manuel Laboy 2018 performance 2:47
Best ministers 3:45

#puertorico #raúlmaldonado #manuellaboy #risenfall

SUMMARY:
Did Puerto Rico ministers related to finance and economy Raúl Maldonado and Manuel Laboy made you richer or poorer in 2018?
Before we begin subscribe and click the bell icon so you don't miss new videos where I will analyze how your other politicians perform.
In this video we will analyze only the single most important metric to determine how successful ministers were in particular year. 
No B.S. fancy talk, just perfectly real and honest statistic where you can't hide anything.

Here's the deal:
Most important metric for economy is: GDP per capita based on PPP.
It's gross domestic product converted to international dollars using purchasing power parity rates and divided by total population.
Here is the nice definition.
Basically it's number that tells you how much stuff can average citizen buy with wage he gets every month.
In countries with higher numbers citizens live great and buy bunch of new things every month.
In countries with low numbers citizens live bad and scrape every month to buy food and pay living expenses, just to survive.

Before we begin, if you are from Puerto Rico comment below how much could you afford in 2018 and were you satisfied with that?
Can't wait to see how satisfied with your purchasing power you were.

Now:
Our data source will be IMF's GDP per capita based on PPP rankings report.
IMF stands for international monetary fund.
We'll analyze 2 main factors. 
Position, in 2018 GDP per capita based on PPP rankings and change in rankings.
If country is positioned high in the rankings like those countries here and improved a lot then economy related ministers are doing Phenomenal job, which is the best it can get. 
If country is positioned high and didn't drop rankings then economy related ministers are doing Excellent, Great or Good job.
If country is positioned low like those countries here and didn't drop rankings then economy related ministers are doing Fair or Mediocre job.
Now ff country is positioned high and it dropped rankings then economy related ministers are doing Poor, Bad or Awful job.
If country is positioned low and it dropped rankings then economy related ministers are doing Abysmal job, which is the worst it can get.
Is that clear?

And now are you ready?
Puerto Rico ministers related to economy Raúl Maldonado and Manuel Laboy in 2018 performed, drumroll wait for it: POOR.
Their score was -333 and they ranked 147th among all economy related ministers.
Puerto Rico was ranked 33rd in 2017 which is very low and in 2018 they dropped 4 placs to 37th place.

So as you can see it's Abysmal job, your ministers are making you poorer.


And while we are here I just want to apologize if Raúl Maldonado and Manuel Laboy were not ministers in 2018. because sometimes it's hard to find data from the past.
This is just in case because I tried my best and I think the names are right.

And that's not all...
Let's see few ministers related to economy that performed the best so you can see how Phenomenal performance looks like.
Here is the top of the rankings.
Ranked number 1 were ministers from Taiwan Su Jain-rong and Shen Jong-chin.
They did phenomenal job, and Taiwan recorded jump of 3 places in the rankings.
Ranked number 2 were ministers from Spain María Jesús Montero and Nadia Calviño.
Phenomenal job, Spain also jumped 3 places in the rankings.
Ranked number 3 were ministers from China Liu Kun and Zhong Shan.
And although China ranks little bit lower than Taiwan and Spain, in 2018 they leaped 4 places from 81st to 77th.

Now, before you go and watch next video:
Remember to subscribe and click bell icon so you don't miss new 2019. rankings.
I will analyze 2019 performance as soon as new IMF ratings become available.
Bye