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Price put at $1.8 trillion (barf alert)
Houston Chronicle ^ | May 19, 2008 | Jenalia Moreno

Posted on 05/20/2008 6:58:56 PM PDT by tx_eggman

Study: That's what U.S. would lose if undocumented immigrants vanished



TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: aliens; illegalimmigration; immigrantlist; immigration
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1 posted on 05/20/2008 6:58:56 PM PDT by tx_eggman
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To: tx_eggman
From the article:

Texas, the second-hardest-hit state after California, would lose 1.2 million undocumented workers and $220.7 billion in expenditures.

By the author's calculations then, each illegal immigrant in Texas is generating $183,333 in expenditures.

What a steaming pile of BS.

2 posted on 05/20/2008 7:02:34 PM PDT by tx_eggman (Privatizing profits and socializing losses is no way to run an economy)
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To: tx_eggman

The comments posted on the article are not kind to the authors.

Nor should they be.


3 posted on 05/20/2008 7:08:49 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: tx_eggman

Over the top figure from a NAFTA TTC hack who routinely slants his data for the bucks received by same clientele. Besides most dollars earned by illegals goes back to Me-hi-co anyway to help pay the way for la familia to pay the coyotes for safe passage to the big USA social services lottery payoff.


4 posted on 05/20/2008 7:09:01 PM PDT by TADSLOS (The GOP death march to the gravesite is underway.)
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To: tx_eggman

You can lop-off 50 percent of that “price” by paying Americans the proper wages which are now discounted by our peasant labor force.

Then subtract the $35 billion in foreign remittances which would disappear.

Add back the billion$$ for social services and you’re getting close to a net gain.


5 posted on 05/20/2008 7:12:43 PM PDT by angkor
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To: tx_eggman
What a steaming pile of BS.

Pile, I would say it is approaching several super tanker boat loads.

6 posted on 05/20/2008 7:14:10 PM PDT by org.whodat (What's the difference between a Democrat and a republican????)
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To: tx_eggman

I’m in.


7 posted on 05/20/2008 7:14:21 PM PDT by uptoolate (The Republican fear of Liberalism is why we are in this predicament)
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To: tx_eggman
It doesn't take a rocket scientist to figure that the author with the last name "Moreno" may be slightly biased ...

"We need comprehensive reform that looks at our needs and addresses those needs,"

Oh, you mean your need for greed? - the need to hire people at wages that only someone desperate enough to risk their life crossing the border illegally would agree to? Pay more, and contribute to the American economy and the welfare of legal citizens.

Perryman said that with many of the nation's baby boomers retiring and the nation experiencing a low unemployment rate, undocumented immigrants are performing the jobs other American workers could not.

There will be no retirement funds available to those legal citizens who have already contributed from their earned income because we continue to foot the bill for illegals and their welfare.

8 posted on 05/20/2008 7:15:12 PM PDT by DeLaVerdad
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To: tx_eggman

I think we’ll take the risk.


9 posted on 05/20/2008 7:15:28 PM PDT by 2ndDivisionVet (McCain could never convince me to vote for him. Only Hillary or Obama can!)
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To: 2ndDivisionVet

Agreed..let’s take the gamble and see. At least we will know the answer.


10 posted on 05/20/2008 7:19:53 PM PDT by Oldexpat
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To: tx_eggman
I'm sure there was an equivalent dollar number assigned to what would happen in the 1800s if we abolished slavery.
11 posted on 05/20/2008 7:22:59 PM PDT by OCC
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To: OCC

You sure as heck will not see the mainstream media reporting the estimated trillions of dollar we will lose if we adopt global warming legislation.


12 posted on 05/20/2008 7:26:30 PM PDT by Arkansas Toothpick
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To: tx_eggman

1.8 trillion??? Did they figure this in pesos instead of dollars? Cosidering the exchange rate, that equals out to be about the cost of a used El Camino.


13 posted on 05/20/2008 7:29:39 PM PDT by ConservaTexan (February 6, 1911)
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To: All

http://www.cis.org/articles/2004/fiscalrelease.html

Among the findings:

*

Illegal alien households are estimated to use $2,700 a year more in services than they pay in taxes, creating a total fiscal burden of nearly $10.4 billion on the federal budget in 2002.
*

Among the largest federal costs: Medicaid ($2.5 billion); treatment for the uninsured ($2.2 billion); food assistance programs ($1.9 billion); the federal prison and court systems ($1.6 billion); and federal aid to schools ($1.4 billion).
*

If illegal aliens were legalized and began to pay taxes and use services like legal immigrants with the same education levels, the estimated annual fiscal deficit at the federal level would increase from $2,700 per household to nearly $7,700, for a total federal deficit of $29 billion.
*

With nearly two-third of illegals lacking a high school diploma, the primary reason they create a fiscal deficit is their low education levels and resulting low incomes and tax payments — not their legal status or their unwillingness to work.
*

Amnesty increases costs because illegals would still be largely unskilled, and thus their tax payments would continue to be very modest, but once legalized they would be able to access many more government services.

#

The fact that legal immigrants with little schooling are a fiscal drain on federal coffers does not mean that legal immigrants overall are a drain. Many legal immigrants are highly skilled.
#

Because many of the costs are due to their U.S.-born children, who are awarded U.S. citizenship at birth, barring illegals themselves from federal programs will not significantly reduce costs.
#

Although they create a net drain on the federal government, the average illegal household pays more than $4,200 a year in federal taxes, for a total of nearly $16 billion.
#

However, they impose annual costs of more than $26.3 billion, or about $6,950 per illegal household.
#

About 43 percent, or $7 billion, of the federal taxes illegals pay go to Social Security and Medicare.
#

Employers do not see the costs associated with less-educated immigrant workers because the costs are spread out among all taxpayers.


14 posted on 05/20/2008 7:33:34 PM PDT by Birdlady
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To: tx_eggman
Study: That's what U.S. would lose if undocumented immigrants vanished

Think that's expensive?
Wait till they get amnesty and President McCain/Hillary!/Obama
lets them file back taxes for 10-20 years of Earned Income Tax
Credit and retroactively gives them all rebate stimulus payments.

There will be a fearsome SUCKING SOUND over at the US Treasury.
And the sound of tons of new, devalued dollars rolling off the presses.
15 posted on 05/20/2008 7:39:38 PM PDT by VOA
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To: tx_eggman

That’s like saying if only bank robbers would stop robbing banks the the banks would have more money to loan ....these media idiots always talk about how much money they pay in taxes and how much they generate in revenue but not how much those illegals cost our system that we pay for ....


16 posted on 05/20/2008 7:45:26 PM PDT by SkyDancer ("I Believe In The Law Until It Interferes With Justice")
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To: tx_eggman

bump


17 posted on 05/20/2008 7:47:53 PM PDT by lowbridge ("I have never learned to fight for my freedom. I was only good at enjoying it" - Van Den Boogaard)
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To: DeLaVerdad
"It doesn't take a rocket scientist to figure that the author with the last name "Moreno" may be slightly biased..."

Moreno... Is that Mexican for "moron?"

18 posted on 05/20/2008 7:49:28 PM PDT by Redbob (WWJBD - "What Would Jack Bauer Do?")
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To: Redbob

>>Moreno... Is that Mexican for “moron?”<<

No, it means brown. But it is a moronic article all right.


19 posted on 05/20/2008 7:56:47 PM PDT by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
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To: ding_dong_daddy_from_dumas

The minute these losers step on United States soil, they are moving into the most advanced society ever built on this planet. By working, they cannot even begin to repay the debt from the millions of United States citizens now and in the past who have built this great infrastructure. They are simply freeloaders and taking advantage of us. Legal and restrained immigration is the only route. We should be selective in who we invite in.


20 posted on 05/20/2008 8:01:25 PM PDT by yorkie01
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