"Illegal immigrants: a real force in our market" ??
By GreatMartin
@GreatMartin (23670)
Ft. Lauderdale, Florida
January 11, 2016 10:29am CST
The above headline (question marks mine) was on the front page of our newspaper--you can see the complete article at www.sun-sentinel.com--I just want to quote a few 'facts' from the article--I am generally, leery of facts as numbers seem to made up from air--for instance, how do we know there are 15 million illegal immigrants (or whatever the pc term is these days!) and that 12,000 are illegal Irish immigrants? We don't even know how many homeless people there are in the USA so where do the figures come from? I did check a few of the figures and they seem to be pretty close.
Anyway--and remember this is the Florida market--though this one is mind boggling IF it is true (sounds like it's for all the States):
1) '$2.9 BILLION estimates that recent immigrants spend on wireless telephone service per year'
2)'$133 is the average amount Hispanic households spend on groceries per week'
3)'In the bustling stores, restaurants and shopping malls, undocumented immigrants buy goods for themselves and their families, boosting the local economy while forking over sales tax'.
4) 'Merchants of all kinds, many of them also immigrants, say their businesses depend on these consumers, whose buying power in immense though hard to measure'
5)'The Congressional Budget Office, a nonpartisian research arm of Congress, says that implementing such a bill (the Senate bill) would cost Uncle Sam $54 billion over 10 years, much of it to provide food stamps and medicaid coverage HOWEVER these costs would be more than offset by a gain of $66 billion in federal revenue, mostly from income taxes."
Those are just a few of the comments in the article. It seems the bottom line is a profit of $12 billion and this doesn't include the additional State revenue.
Without getting into a political 'war' what is your reaction to the above?
5 people like this
4 responses
@GreatMartin (23670)
• Ft. Lauderdale, Florida
12 Jan 16
Now that I am getting older--remember I will be 20 next month--I have to get 'heavy' once in awhile. :O)
1 person likes this
@marguicha (230350)
• Chile
12 Jan 16
I like to read posts about US immigrants, but I don“t live there so I cannot judge. Still, my country has recieved immigrants from all the world and the mix has been more than helpful.
My own blood is a mixture of many races and I am proud of all of them.
@bluesa (15022)
• Johannesburg, South Africa
12 Jan 16
I of course am not in the US, so please no one bite my head off, I am going by what I see broadcast, I see it is very trying times at the moment, with the threat of walls being built. I think anyone spending money, can help the market. A profit is never a bad thing, but with all the rest of the issues coming into the mix I am not too certain the focus is on what the illegal immigrants spend, the focus it seems to me, is on what they cost the US. Maybe this article showing that the bottom line is a $12 billion profit might change that.






