Immigrants around the world sent $445 billion back to their home countries last year
That's a lot of money sent back that could have been spent in the countries it was made in
Yes Froggy my dear one, it is a lot of money to be sent back to their families, but they did earn it, it is their money....
and if you look at it the way you do, we all should be furious that American companies are sending billions over seas, in one clean swoop at a time... by moving manufacturing over there puts these foreign laborers to work, not ours, makes their manufacturers rich not ours etc... makes their local businesses around these factories richer, not ours etc..
And all of us Americans buying from Walmart are essentially sending billions of dollars of our money to China....
And our govt overspending and borrowing and then paying back with interest sent to our lenders in China, Japan, Saudi Arabia etc is essentially spending or sending American money... overseas too....
At least with Mexicans and Central and South Americans sending money back to their family in their countries that they earned here, is less money our gvt needs to send them in aid, that no one worked for but us American tax payers... and it keeps their families in their own home land countries.... fewer in desperation trying to come here, you could surmise....
I just think it all is much more complicated than simply sending money they earned to other countries and not spending it here...
everything seems so globally intertwined now a days, with our country and the whole world.... technology and so called advancement has lead to all of this.... that we could not have imagined would exist when I was a young kid....
but once it started, it came on like gang busters.... I realistically, do not believe there is a way of going back... A Pandora's box, so to say...