Monday, February 20, 2017

American Dollars Flying South

                                                                     

During my research last week I found three numbers that caught my eye.  1)  In 2015 we gave $423 million dollars to Mexico in Foreign Aid.  2)  Banks and Wire Transfer businesses, like Western Union reported that Mexicans in the U.S. sent home $23.5 billion dollars back to Mexico.  That $23.4 billion was more money than Mexico generates in their entire economy, except for oil revenue.  3) The U.S. spends $500 billion dollars a year to feed, shelter, educate, medicate, and incarcerate illegal Mexicans.

You need not read that map above.  It's just showing the money flow...where the American dollars originate and where they flow to.  A quick glance shows you that Arizona, California and Texas are Mexico's biggest sugar daddies.

And, before we say anything else, we should note that much of the money that comes from illegal drug sales are not necessarily included in the above numbers.  The U.S. Department of Justice has said Mexican drug cartels have formulated means to horse money south by less obvious means.

Okay, so let's look at the numbers individually.  That half a billion or so in foreign aid to Mexico could easily be diverted to building the wall.  So Trump's right...there are means to have Mexico indirectly pay for the wall.  Just stop giving them nearly half a billion a year and let those funds be installments on the wall.

With respect to the $23 plus billion the Mexicans are sending home....to their families, or to their banks accounts, we can solve that problem in two fell swoops....as Trump has suggested, start laying a tax on Western Union and Bank money orders, and best of all, quit spending $500 billion a year on illegals and at least make them pay for their shelter, food and education freight while their here.  They certainly won't be fattening their Mexican bank accounts if we stop subsidizing their lifestyle.