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Old 07-24-2008, 05:25 PM
 
Location: California
3,172 posts, read 5,993,791 times
Reputation: 332

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Peso power: Mexican currency nears six-year high vs. dollar | Money & Company | Los Angeles Times

Will the future of the Mexican economy continue to look bright? And in the long term, will this lead to a slowdown of illegal immigration to the United States?

Who knows. With the way things are looking, we'll end up mowing lawns for Mexicans.
Just kidding...
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Old 07-24-2008, 05:42 PM
 
Location: Maryland
15,179 posts, read 15,807,269 times
Reputation: 3028
Mexico should be prospering. They have sent 10-20 percent of their illiterate low-skilled citizens to the U.S., and are receiving billions in remittances each year. They have also rid themselves of millions of their criminal element; not to mention the billions in revenue from their illicit drug industry.

If the U.S. could send all of its welfare recipients, and millions of its prisoners and criminals to another country -- while receiving remittances from said citizens, we would be prospering as well. Rather, our tax dollars are being squandered on a multitude of benefits and services for Mexican illegals.

Its a no-brainer, and no surprise that Mexico doesnt want their illegal aliens in the U.S. to return. They do not want their gravy train to end. No, it will not curtail illegal immigration. If anything, it's more incentive to encourage their citizens to leave.
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Old 07-24-2008, 05:45 PM
 
1,417 posts, read 851,493 times
Reputation: 76
I don't think their currency is rising, ours is just lowering.
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Old 07-24-2008, 05:49 PM
 
Location: California
3,172 posts, read 5,993,791 times
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Quote:
Originally Posted by Californio View Post
I don't think their currency is rising, ours is just lowering.
That too. But apparently, their economy hasn't been too affected by our current slowdown.
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Old 07-24-2008, 05:52 PM
 
Location: Fort Worth/Dallas
11,878 posts, read 32,917,927 times
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Quote:
Originally Posted by amc760 View Post
That too. But apparently, their economy hasn't been too affected by our current slowdown.
When you are on the bottom rung of the ladder there is nowhere to go but up.
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Old 07-24-2008, 05:54 PM
 
Location: California
3,172 posts, read 5,993,791 times
Reputation: 332
Quote:
Originally Posted by Synopsis View Post
When you are on the bottom rung of the ladder there is nowhere to go but up.
The bottom rung?
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Old 07-24-2008, 08:50 PM
 
29 posts, read 151,719 times
Reputation: 26
Quote:
Originally Posted by Benicar View Post
Mexico should be prospering. They have sent 10-20 percent of their illiterate low-skilled citizens to the U.S., and are receiving billions in remittances each year. They have also rid themselves of millions of their criminal element; not to mention the billions in revenue from their illicit drug industry.

If the U.S. could send all of its welfare recipients, and millions of its prisoners and criminals to another country -- while receiving remittances from said citizens, we would be prospering as well. Rather, our tax dollars are being squandered on a multitude of benefits and services for Mexican illegals.

It’s a no-brainer, and no surprise that Mexico doesn’t want their illegal aliens in the U.S. to return. They do not want their gravy train to end. No, it will not curtail illegal immigration. If anything, it's more incentive to encourage their citizens to leave.
Now,I've found your anti-immigrant rhetoric pretty strong here on this forum but even I have to agree with you on this one Benicar....

Although its still regrettable that even after the proven fact that almost 80% of all illegals into the US are from Mexico, the US Federal Government still has a dismal foreign investment record to Mexico. The US should reevaluate its investment policies with Mexico.
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Old 07-24-2008, 10:46 PM
 
47,576 posts, read 58,690,207 times
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Quote:
Originally Posted by amc760 View Post
Peso power: Mexican currency nears six-year high vs. dollar | Money & Company | Los Angeles Times

Will the future of the Mexican economy continue to look bright? And in the long term, will this lead to a slowdown of illegal immigration to the United States?

Who knows. With the way things are looking, we'll end up mowing lawns for Mexicans.
Just kidding...

Interesting that Mexico's economy went way way up by ridding itself of 30-40 million of it's people, yet we're told we have to keep them or our economy will collapse.
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Old 07-24-2008, 10:50 PM
 
Location: Pa
20,310 posts, read 18,878,727 times
Reputation: 6517
Quote:
Originally Posted by malamute View Post
Interesting that Mexico's economy went way way up by ridding itself of 30-40 million of it's people, yet we're told we have to keep them or our economy will collapse.
Hmmm great point..
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Old 07-24-2008, 10:50 PM
 
Location: US
3,070 posts, read 3,334,721 times
Reputation: 1619
Positive rep to you for this brilliant point.

Quote:
Originally Posted by malamute View Post
Interesting that Mexico's economy went way way up by ridding itself of 30-40 million of it's people, yet we're told we have to keep them or our economy will collapse.
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