Thread: As U.S. economy worsens, illegal aliens send more $$ to Mexi

Immigration Reform Examiner
By Dave Gibson

Since June 2009, immigrants (including illegal aliens) have gained 656,000 jobs, while U.S. born workers lost 1.2 million jobs during that same period.

As U.S. economy worsens, illegal aliens send even more money back home

On Monday, the Central Bank of Mexico reported that remittances or wire transfers to Mexico increased by 5.48 percent between January and March over the same period in 2010.

In the first quarter of the year, remittances rose to $5.1 billion, from the $4.83 billion in the first three months of 2010.

The announcement further confirms the results of Pew Hispanic Center study released in late 2010, which found that while every demographic of native-born workers has lost millions of jobs during this deep recession, foreign-born workers have actually increased their employment numbers.

Since June 2009, immigrants (including illegal aliens) have gained 656,000 jobs, while U.S. born workers lost 1.2 million jobs during that same period.

The Pew study found that 57 percent of those that they refer to as “immigrant” workers, were actually non-citizens.

Remittances, such as Western Union Moneygrams from the United States represent the second largest source of income for Mexico. In 2009, Mexican workers, mostly illegal aliens, sent home $21.2 billion in such transfers.
The transfers are second only to Mexico’s oil industry in the amount of revenue produced, which is one of the chief reasons the Mexican government has no interest in working with U.S. authorities to police our common border.

Furthermore, according to the Inter-American Development Bank, all of Latin America received $69.2 billion in remittances from the U.S. in 2009 alone.

Thus, dispelling the myth that illegal aliens contribute a great deal to our economy. The fact is that the overwhelming amount of the wages earned by illegal aliens is not spent in this country, but simply sent back home.

Source: http://www.examiner.com/article/as-u...oney-back-home

Read how even the U.S. Postal Service is contributing to this money drain: www.examiner.com/immigration-reform-in-national/u-s-post-office-now-enab...