Financial News

April 16, 2009

Ok, hypothetical situation. The government grows a pair and gets rid of all the illegals. What part of the economy will collapse? Can someone be specific? My strawberries may go up by a dollar a pound. My life is ruined. I may have to mow my own lawn. Woe is me. Our gas prices have doubled in a little over a year and everyone said the economy would collapse. Guess what? Americans adapted. Maybe the government can take the money they burn on social services to illegals and subsidize the industries that will be affected by the loss of cheap labor. The Center for Immigration Services quoted that in the year 2004, the Federal Government paid $11 billion in aid to illegals, combining education, food, prison costs, et al. The average illegal family cost the government over $3000. This does not include any state or local costs. The average illegal immigrant family pays 28% of the taxes gathered by legal families in the same wage bracket. What other facts would you like me to get or straighten? Seems pretty straight forward already. I’ll admit that some prices will increase, but the economy will not collapse. Also, there would be a positive effect on the economy from all of the money not been transferred in the Mexican economy by illegals wiring paychecks back to Mexico. I’ve given the source of my numbers. Where do your numbers come from Lidia? And please don’t say it comes from personal observation.

Filed under: Immigration — Tags: , , , , — admin @ 1:32 am
economy
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