Recession or not? I am confused...

If you believe the news, the PR government is broke, with a $800 million deficit, almost on the brink of breakdown. Is this a good time to move to the island? Common sense would say no., the middle class professionals are leaving in island in droves for South Florida, earning them the title of Floricans. But, on the other hand, the island also seems to be attracting a share of people wanting to move in from USA and Europe, Phillips is recruiting to the island, so is SAP, one of the largest software companies in the world. UBS, the Swiss investment bank is also recruiting potential candidates to Puerto Rico. Has this constant flow of migration to mainland always been a part of Puerto Rican life? The malls are always busy, even in the current climate, the other day a friend bought a huge Chevrolet with integrated DVDs on the back. It makes you wonder...