Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
More than $63 billion in remittances were sent to Mexico in 2023, with most of the money arriving from the United States, according to Banxico, Mexico’s central bank.
The figure is a 7% hike from the previous year.
Remittances are funds sent from abroad by immigrant workers to family or friends back home.
:
I've sent money abroad and I'm not an immigrant. So the article isn't accurate in that respect.
I'm not sure how many Mexican immigrants are here in the states but it must be well into the millions. If you divide 60 billion per person it amounts to a few thousand per person, which isn't that much.
Quote:
Originally Posted by Oldglory
That's $63 billion not spent in our economy and what good does it do anyway since Mexicans and other illegals keep coming here anyway?
Some of it winds up being spent on US companies overseas, like Coke/Pepsi and countless other companies.
Quote:
Originally Posted by Oldglory
Why in the world would you only mention rural whites not willing to work in the AG industry? Since crop picking isn't a career job for Americans and mostly seasonal work that's why we have the unlimited visas for legal workers to come here and work those jobs. I don't see that as a problem or to demonize white Americans for not wanting to do those jobs based on the above.
If the white farmers he mentioned won't get the job done, we have to import the workers from Mexico and other nations. We are lucky to have that option. If they want to remit the money back to Mexico why not? They aren't doing the hard labor just to spend all the money while they are here and leave their families without.
More than $63 billion in remittances were sent to Mexico in 2023, with most of the money arriving from the United States, according to Banxico, Mexico’s central bank.
The figure is a 7% hike from the previous year.
Remittances are funds sent from abroad by immigrant workers to family or friends back home.
That's $63 billion not spent in our economy and what good does it do anyway since Mexicans and other illegals keep coming here anyway? You'd think that all of that money remitted to their citizens would keep them at home along with all the dollars that our government is remitting to the Mexican government to.
The good parts are that we here in the USA get cheap labor, and thus cheaper goods. Especially food. And any USD's disappearing from our economy can only help stem inflation.
So why do mexicans hate mexico, as witnessed by their exit across the northern mexican border?????
Should be plenty of jobs in their beloved homeland.
Mexicans don't hate their country, but for structural & political & kinship reasons, work @ a decent wage is hard to find there. They would exit their country & go south, if there were jobs there for them - but instead, there's a steady stream of people leaving those countries to cross Mexico & also attempt to enter the US.
& so they come to the US - although Mexico's economy seems to be improving recently, & so the spur to leave isn't as sharp. Immigration & would-be asylees from Central & South America to the US, however, are up recently.
More than $63 billion in remittances were sent to Mexico in 2023, with most of the money arriving from the United States, according to Banxico, Mexico’s central bank.
The figure is a 7% hike from the previous year.
Remittances are funds sent from abroad by immigrant workers to family or friends back home.
That's $63 billion not spent in our economy and what good does it do anyway since Mexicans and other illegals keep coming here anyway? You'd think that all of that money remitted to their citizens would keep them at home along with all the dollars that our government is remitting to the Mexican government to.
It’s their money. How dare they use it to support their families!
It’s their money. How dare they use it to support their families!
Yes, it's their money. I have no problem with foreigners working here sending money home to help their family. But who are these people and how do they get the money to send home. Are they illegals who shouldn't be here? Do they work under the table and not paying taxes while collecting welfare? Are they tech workers who are here on fraudulent visas? I know people who do this.
By the way, the country with the largest remittance is India.
The good parts are that we here in the USA get cheap labor, and thus cheaper goods. Especially food. And any USD's disappearing from our economy can only help stem inflation.
Cheap, illegal labor only benefits the greedy employers who hire them while the rest of us get to pick up the tab for over $100 billion a year for their social costs including loss of jobs and reduced wages for Americans. The greedy employers pass little to nothing onto the consumer in the way of savings.
If you are speaking of cheaper food only a small percentage of illegals are picking crops and for those jobs there are unlimited visas for legal workers to come here and do those jobs.
Mexicans don't hate their country, but for structural & political & kinship reasons, work @ a decent wage is hard to find there. They would exit their country & go south, if there were jobs there for them - but instead, there's a steady stream of people leaving those countries to cross Mexico & also attempt to enter the US.
& so they come to the US - although Mexico's economy seems to be improving recently, & so the spur to leave isn't as sharp. Immigration & would-be asylees from Central & South America to the US, however, are up recently.
Not our problem and they don't have the right to invade our country because they need a better job.
So why do mexicans hate mexico, as witnessed by their exit across the northern mexican border?????
Should be plenty of jobs in their beloved homeland.
They're bordered by a rich country whose population appears to have an unquenchable thirst for illegal drugs and cheap labor that doesn't unionize?
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Following the money, for one
