Illegal immigration has been in the news a lot, lately. Besides the "fence" discussion, there has been a crackdown on the employers who don't check social security numbers properly. The idea is to reduce immigration by making the jobs less desirable.
I was talking with my Brazilian friends the other day, and they commented on how much more money they are spending on housing payments back home now that the dollar is tanking. The 'real' used to be worth about a third of a dollar, now it's about half. A Brazilian making 9R/hour in Sao Paulo might not be able to afford a mortgage payment, even though it's about 50,000R for a nice place. But at $9/hour in the US, they are making an equivalent to 27R/hour, and can send that money to pay off the mortgage pretty quickly. Now that those $9 are more like 18R, it's a little harder.
My first thought was that the Brazilians would not want to be here any more if the exchange rate gets worse, and they'd be better off just getting a job back home. Then it hit me. This is the PLAN. The government is purposely allowing the dollar to slide because that will discourage immigrants from coming here!
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3 comments:
You give our government too much credit, they are not that smart. But now that you mention it, its a dangerous idea, but it just might work...hmmmm interesting
I agree with Jay...
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