We are borrowing all of our money now from China.
This is not even remotely true. Where do people get these retarded ideas? This data is publicly available. It is not a secret.
https://www.thebalance.com/who-owns-the-u-s-national-debt-3306124
Japan holds the most of our public debt. They hold $1.3T out of the $30T. China holds $1T. Cayman Islands holds $262B, to put it into perspective.
Most of the debt is held by domestic companies.
Thousands of immigrants are coming in for our jobs and Social Security Benefits.
Also not true. Thousands of businesses are hiring illegal immigrants, underhandedly, and are not getting prosecuted. None of the immigrants contribute to Social Security because they are paid under the table. The immigrants, however, are leeches to the welfare and other support systems. Based on the current math, illegal immigrants are a net negative on the economy by about $270m. If we figure out how to collect taxes on all their underhanded pay, we can make these immigrants a net positive tax contributor to our economy. Take a wild guess why this tax gap has not been plugged?
Edit - My take is to kick out most of the illegals, including their whole families that they brought with them, and very strongly and violently protect our borders with our own military.
by about $270m.
I think you meant billion.
You could be right.
From here:
"$250 billion United States illegal immigrant cost reported circa 2018."
https://worldpopulationreview.com/state-rankings/cost-of-illegal-immigration-by-state
But lots of folks, even the libertarian Cato Institute, objected to their figures and methods.
Federation for American Immigration Reform, a conservative research organization that advocates for less immigration, both legal and illegal. The group's report, published in 2017, estimated the cost was $135 billion a year.
But an important variable to the equation is the tax revenue generating figures of the citizen children from those illegals:
A National Academies of Sciences report published in September 2016 found that while immigrants — especially ones with lower education levels like most undocumented immigrants — are probably a net fiscal drain, the children of all immigrants are among the highest economic contributors and taxpayers in the country.
They bring the figure down to fewer than $20 billion.
BUT....the illegals earn money. We just are not able to tax it because it is "dark money."
(post is archived)