And when you do they send it home. The amount of remittances has grown to $45 BILLION each year. Wow. As much as $3 billion to El Salvador (15% of their GDP), $24 billion to Mexico (its number 2 source of income!).
The World Bank is preparing a report about remittances showing that the people who work here illegally should be able to INVEST their money in their home country to further alleviate poverty.
That’s very nice of us.
Couldn’t we use that money here?
Here’s the WaPo story.