5 ms·
$30bn per year leaves the US economy via wages to immigrant workers sending/taking it back to their home countries. $25bn to Mexico alone, that's 2% of their G
by SixSigma 10y ago
$30bn per year leaves the US economy via wages to immigrant workers sending/taking it back to their home countries.
$25bn to Mexico alone, that's 2% of their GDP
http://www.bloomberg.com/politics/articles/2016-04-05/trump-would-make-mexico-pay-for-wall-by-blocking-money-transfers http://www.bloomberg.com/politics/articles/2016-04-05/trump-...
http://www.worldbank.org/en/topic/migrationremittancesdiasporaissues/brief/migration-remittances-data http://www.worldbank.org/en/topic/migrationremittancesdiaspo...
- hyperpape 10y agoYou've identified part of the negative. Now what are the positive aspects? Cheaper buildings and labor for US companies, which improves their competitiveness against international competition, increased agricultural exports, cheaper services for American citizens. You haven't even attempted to estimate the value of any of these things. You've just cherry picked one number. Your conclusion may or may not be accurate, but without trying to analyze both the costs and benefits, your way of arguing doesn't contribute much.
- SixSigma 10y agoI didn't draw and conclusions, I just presented one bullet point of note and linked to the conclusions of experts. > Cheaper buildings and labor for US companies, which improves their competitiveness against international competition, increased agricultural exports, cheaper services for American citizens. Illegal immigrants pay no tax, no welfare contributions, are not protected under employment laws, work long hours with no holidays. Slavery increases your international competitiveness and provides cheaper domestic services too. Our forefathers fought bloody battles against the excessive worker exploitation. Let's not slip back into the dark days. Although I do question the benefit of minimum wage.
- deleted 10y ago[deleted]
- deleted 10y ago[deleted]
- stale2002 10y agoOooh, and guess how much the wall costs? ~30 billion dollars. Coincidence? This is how Mexico is going to pay for it!