By Robert Wenzel, includes “…The debt in question is debt run up irresponsibly by past Puerto Rican governments. Every hardcore libertarian would, of course, support default on this debt rather than have the decent people of Puerto Rico or US taxpayers bail out the owners of this debt. From a libertarian perspective, this should be the position on all government debt. … Of course, the confused socialists did blame the debt on capitalism rather than the oppressive government.”