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NYC mayor says Illegal immigration is good for the economy
Jessica6
freezing...
User ID: 1337
01-14-2018 04:56 PM

Posts: 208



Post: #31
RE: NYC mayor says Illegal immigration is good for the economy
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Channelingmyself  Wrote: (01-14-2018 04:44 PM)
You guys have it all wrong with this whole "job" argument and cheap labor. What these politicians and their masters in the corporate hierarchy want is CONSUMERS. Everything in our world and lives revolves around consuming. If every American stopped buying products and services our economy would collapse very quickly. Illegals and legal immigrants are great consumers because they still believe in the "American Dream" while the typical American isn't falling for that propaganda anymore.

Jhikpghf

That's how the Trudeau government wants to keep Canada's housing bubble inflated. Keep bringing in newcomers. Last year they tried to loosen mortgage lending requirements. Good thing they failed. They are not terribly strict to begin with.

Up to 95% financing after being a resident for three months.

https://www.integratedmortgageplanners.c...mmigrants/

People here on work visas and landed immigrants who are employed for a minimum of three months can qualify for up to 95% financing, as long as they have a strong international credit report or can provide proof of twelve months timely payment of two alternative sources of credit (i.e. utilities, cell phone, cable).
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Channelingmyself
Registered User
User ID: 1337
01-14-2018 05:07 PM

Posts: 136



Post: #32
RE: NYC mayor says Illegal immigration is good for the economy
Jessica6  Wrote: (01-14-2018 04:56 PM)
Channelingmyself  Wrote: (01-14-2018 04:44 PM)
You guys have it all wrong with this whole "job" argument and cheap labor. What these politicians and their masters in the corporate hierarchy want is CONSUMERS. Everything in our world and lives revolves around consuming. If every American stopped buying products and services our economy would collapse very quickly. Illegals and legal immigrants are great consumers because they still believe in the "American Dream" while the typical American isn't falling for that propaganda anymore.

Jhikpghf

That's how the Trudeau government wants to keep Canada's housing bubble inflated. Keep bringing in newcomers. Last year they tried to loosen mortgage lending requirements. Good thing they failed. They are not terribly strict to begin with.

Up to 95% financing after being a resident for three months.

https://www.integratedmortgageplanners.c...mmigrants/

People here on work visas and landed immigrants who are employed for a minimum of three months can qualify for up to 95% financing, as long as they have a strong international credit report or can provide proof of twelve months timely payment of two alternative sources of credit (i.e. utilities, cell phone, cable).

Exactly, keeps those economic wheels spinning. The banks and corporations love it. It is estimated there are 11 million illegals in the US but I suspect that number is probably half of the actual number and that doesn't include the number of anchor babies, many who are now over 18, living here as well. There are a lot here in the city I live in and one thing they all seem to have in common is driving their new or fairly new trucks. Bet the banks and dealerships love that....

Channelingmyself
Channelingmyself/cafepress
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LoP Guest
lop guest
User ID: 1337
01-14-2018 05:14 PM

 



Post: #33
RE: NYC mayor says Illegal immigration is good for the economy
It's paying for your Social Security if you're a Boomer.

"Cut off your nose to spite your face", and all that wise adage.
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