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But experts caution that even if Trump halts or taxes remittances, Mexicans will still find ways to get cash over the border without paying a tax.
Alberto Ramos, head of Latin America research at Goldman Sachs (GS), says that when wire services charged high fees a decade ago, Mexicans still got their money across the border either in-person, through the mail or via traveling relatives.
That was then this is now. The border security and the advancement in cash sniffing dogs will greatly encumber the smugglers. They may get some cash through but it won't be like in the past.
Not to mention you have all sorts of programs now that reward snitches.
Do you know how much $$$/Aid the US sends to Mexico every year?
How hard is it to deduct the cost of the wall from that aid?
This has been explained over and over again. You have to be able to understand money and the monetary value of things in order to understand that they would pay for the wall by taking a loss somewhere else. Too many people on here don't seem to get that.
NAFTA is not an aid program--no government money goes into NAFTA. NAFTA produces profits for US stockholders.
Someone is going to have to explain to me how the US government is going to legally stop someone from putting a check in the mail.
The estimated cost of the wall is $20 to $25 billion. So if Mexico is to pay for it by the only legal means open to the government--by not providing any aid to Mexico--that would take 50 years. But wall maintenance and operation is expected to cost nearly $1 billion a year...forever. Or rather, 1 billion the first year and escalating every year afterward.
And it's not going to make any money, because the truth be told, the reason an illegal immigration "problem" exists is because it's not a "problem"--it's a gold mine for US business. Trump can spend money on a wall for his entire presidency, and during that time little or nothing will actually be built (it ain't gonna happen in four to eight years no matter what), it will have no effect on illegal immigration...it will just be a money pit for the government and gold out of the taxpayers' pockets for the companies that get the contract.
Last edited by Ralph_Kirk; 01-25-2017 at 10:01 PM..
Mexico has to save face and say it won't pay for the wall. Trump has to say Mexico will pay or back down. That is a strong stand taken by both parties. Then the parties negotiate.
America could crush Mexico's economy and cause a revolt too. He could stop all remittances being sent to Mexico. That would do it but he can take other actions also. It might hurt our economy for a while but it would absolutely crush Mexico and the people would revolt.
When the negotiation is done both sides have to save face. We will know by the details where Mexico is paying for the wall.
Mexico can go home and say we didn'y pay for the wall but we worked out a good deal.
Trump on the other hand will have a media that will be relentless asking him how did Mexico pay for the wall. Even though we can see by the details of the agreement where Mexico is paying, the media won't be satisfied until they are able to screw up the diplomacy. Their goal is to make Trump look bad and if they have to embarrass Mexico to do it they will. It will be interesting to see how President Trump handles it.
No, Trump has to save face by making Mexico pay. They have no goal to make Trump look bad. They are just telling him....if he wants the wall then he has to pay for it. Nothing wrong with that. Why in the world would we want to crush Mexico's economy in order for them to pay for a wall they don't want. That is just wrong. Trump wanted this and he was voted into office for this. So this is on him. So I guess it will be up to the tax payers to pay for this.
I agree. However, I changed that figure from $50 to $200 million after you quoted me, because there are several sources. The official government report is taking a long time to study.
This site reports $51.5 million in 2013. It adds, "As of September 2014, the data shows disbursements from the United States to Mexico totaling $15.4 million, with $7.1 million going for democracy, human rights and governance, $4.4 million for environment, $2.9 million for economic development, $0.6 million for education and $0.5 million for program management."
The current Mexican president has something in common with Trump. They both have very low approval ratings. It doesn't matter. His term is up next year.
I like what the [URL="https://www.washingtonpost.com/news/monkey-cage/wp/2016/11/21/yes-trump-will-build-his-border-wall-most-of-it-is-already-built/?utm_term=.0be41fbbd5a0"]Washington Post[/URL] wrote last year after the election. Many people don't realize how many miles of fencing and hundreds of miles of metal barriers are already in place, so Trump will tell everyone he built the wall whether or not a lot really changes. I mean, why not? A high percentage of Trump voters think the unemployment rate increased and stock market plummeted under Obama lol Anyway, it's a really good article.
"In the end, Trump’s wall is likely to be the latest addition to the border barrier-building frenzy first launched by President Bill Clinton, greatly expanded by George W. Bush and continued by Obama. But Trump will take full ownership of it as the only president willing to actually call it a wall."
Wrong. We send Mexico about $200 million annually. The wall is estimated to cost more than $10 billion.
how much does it cost the tax payers to continue to accept millions of illegals, human trafficking and the drug cartels bringing their poison and violence to our communities ?
from schooling, government welfare, police, courts and prison costs.
Illegal immigration costs federal and local taxpayers $113 billion a year. That is an average cost to native-headed households of $1,117 a year.
10 billion for a wall is a bargain and it makes sense. Continuing this open borders madness that is costing the taxpayers over 113 billion a year and causing other problems makes NO sense.
lets take out the crayons democrats, option A: pay 10 billion now to secure the border or option B: keep paying 113 billion and rising a year......I know you liberals are not good in math but damn this is a no-brainer.
On this, this is one policy I am not so crazy about. Seems too expensive.
Military should secure the border. Not sure why the wall should be built.
Its a perimeter............You ever see a military base without one?
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