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Old 02-02-2011, 11:08 AM
 
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The amount of money sent home to Mexico by migrants working abroad has stabilized following two years of declines caused by the U.S. economic downturn.
The Mexican Central Bank reports that remittances totaled $21.27 billion dollars in 2010, compared to $21.24 billion in 2009.
Mexico's remittances stabilize after drops - BusinessWeek
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Old 02-02-2011, 11:32 AM
 
Location: Upstate
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OTH, US foreign aid to Mexico has risen to $28 Billion in FY10, up from $26B in FY08.
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Old 02-02-2011, 11:51 AM
 
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21.27 BILLION dollars. How much of that had any sort of income tax on it?
There should be a surcharge on all international money wire transfers.
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Old 02-02-2011, 12:01 PM
 
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According to Agustin Escobar (Mexican analyst), this is due to "the growing climate of hostility, exclusion and segregation against illegal immigrants in the US".
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Old 02-02-2011, 12:05 PM
 
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Mexico is blatantly racist to the poor, Indian looking Mexicans, turns a blind eye to them crossing the border, and happily accepts the economy being pumped up by the transfers south.

Sounds like a farmer reaping a good harvest. Like Mexico would ever want these illegals returning home.
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Old 02-02-2011, 02:41 PM
 
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Originally Posted by Cindy_Jole View Post
According to Agustin Escobar (Mexican analyst), this is due to "the growing climate of hostility, exclusion and segregation against illegal immigrants in the US".
Uh, shouldn't we be hostile, exclusionist and segrate ourselves from lawbreakers who have no right to be in our country? Duh, Escobar.
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Old 02-02-2011, 03:38 PM
 
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Originally Posted by Cindy_Jole View Post
According to Agustin Escobar (Mexican analyst), this is due to "the growing climate of hostility, exclusion and segregation against illegal immigrants in the US".
In other words people who break American laws face problems as a result of their criminal actions. He and his fellow Mexicans need to finally realize something: we don't want or need your poorly educated lower class anymore than you do. YOU need to feed them, educate them, provide for their medical care and find jobs for them. We certainly don't want them here without permission. We especially don't need them exporting untaxed wages outside of our country to prop up your miserably failed society.
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Old 02-02-2011, 04:14 PM
 
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How many migrants does it take to remit $21 billion a year?

How much would each migrant have to send to make up the $21 billion per year?
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Old 02-02-2011, 04:29 PM
 
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Originally Posted by MissDollie View Post
How many migrants does it take to remit $21 billion a year?

How much would each migrant have to send to make up the $21 billion per year?
14,000,000 illegals sending home $1,500 a year
10,000,000 illegals sending home $2,100 a year
5,000,000 illegals sending home $4,200 a year
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Old 02-02-2011, 04:34 PM
 
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^^According to the Associated Press, there are 11.2 million illegals. I think they undercounted.
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