And you are apparently not even aware that such money sent overseas actually helps increase the value of the US Dollar.
Every dollar sent overseas, be it to friend and family or for purchases is no longer circulating inside the US. Which in turn raises the value of the currency. This is nothing magical, it is simply supply and demand. With less internal supply, the value and demand domestically increases.
And in the modern economy, it is really almost ridiculous, as so many International currencies are pegged to the US Dollar. The Bahamian Dollar, Bermucian Dollar, and Panamian Balboa are pegged 1 to 1 to the US Dollar, and have been that way for decades. The same with the Barbadian Dollar and Belize Dollar, which are pegged 2 for 1 to the US Dollar ($2 of their for $1 of ours). In total, 23 nations peg their currency values directly to the US Dollar, which is why if one visits those nations there is never any worry about exchange rates. Go to Belize, and they accept either their own currency or US. The same for Panama, and they do not even have a "national currency". The only thing that Panama mints is coins from $0.01 to $1. All paper money used in Panama is US money.
That is why it almost crashed their economy when the US cut off currency going to and from Panama in 1989 it almost destroyed their economy. Their currency was still the Dollar, but they had no way to spend what they had or to obtain more. And yes, somewhere in my safe deposit box I have a bunch of Panamanian Balboa coins I got when I was there in 1987. They are the exact same size and weight as US coins, and even vending machines will accept either equally.
I have been laughing as you have gone on and on about this nonsense, but I have finally had enough. Almost everything you have been going on about not only is wrong, it is almost completely backwards from reality. Especially as in most cases, it is not even "US Dollars" sent overseas. And compared to out GDP of over $23 trillion, an export trade of over $7 trillion and an internal trade of over $80 trillion, that few hundred billion really is insignificant.
It's not insignificant to YOU if you are a US businessman, selling whatever, and
your sales are reduced, because money that could/would have been paid to US citizens, and thereby spent in your establishment, is instead NOT being spent in your establishment, because instead of those US workers getting it & spending it to YOU, migrants are getting that money, and sending it out of the country.
So you can yammer all day long about the US dollar, Panamanian coins, and whatever else is in your mindset at one time or another, but the fact remains that US stores (aka the economy) are losing business significantly, to THEM, even if it isn't significant to you.
As for the dollar amounts, you can diminish anything by finding something much greater to compare it to. Calling $150-200 Billion/year "insignificant", because it much less than GDP and trade amounts, is absurd.
Reality you say ? Here's a few realities for you >>
Would a hospital whose patients are dying, because they cant afford more MRI, CT, and ultrasound scanner machines + technicians to operate them, call $200 Billion "insignificant" ?
Would fire departments limited in their capabilities, because of lack of money to hire firefighters and buy equipment, call $200 Billion "insignificant" ?
For years, animal shelters have been killing cats & dogs simply because they don't have the resource$ to build enough space to house and feed these animals. They and the ASPCA and Human Society advertise constantly for donation$$. Bet they don't see hundreds of Billions as insignificant.
One can make anything look insignificant, if they try to. Question might be why do that ?