Brat
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
The hidden economy
For all those who go ballistic with the number of undocumented from Mexico, in the west a large percentage work home construction. When home construction tanks they don't file for unemployment so they don't show up in the statistics. Remittances to Mexico have fallen significantly.
Consider the possibility that these undocumented workers live largely a subsistence life in the US because they are supporting families in Mexico, their situation has little impact on non-food retail sales. The larger economic impact is in Mexico.
I think the level of unemployment is higher than reported, but so long as the economic adjustment is largely limited to home construction it will have little impact.
For all those who go ballistic with the number of undocumented from Mexico, in the west a large percentage work home construction. When home construction tanks they don't file for unemployment so they don't show up in the statistics. Remittances to Mexico have fallen significantly.
Consider the possibility that these undocumented workers live largely a subsistence life in the US because they are supporting families in Mexico, their situation has little impact on non-food retail sales. The larger economic impact is in Mexico.
I think the level of unemployment is higher than reported, but so long as the economic adjustment is largely limited to home construction it will have little impact.