The recent U.S. war on “illegal” immigrants caused the Recession. This is an aging country. Only the illegal immigrants with their young families were consuming enough housing, food, clothing, and transportation resources over the past several years to keep the economy growing. Then the Oppression started. Record numbers of immigrants were deported last year. The number of illegals crossing over the border dropped sharply. Thousands of Brazilians went home. Thousands of Irish left for a more welcoming Australia. All because of harrassment. Then the economy started to sink.
A great example is Rhode Island. Their economy was humming until the governor turned up the heat on illegals. Now they have the worst economy in the country.
The U.S is out of money and can’t borrow enough to turn this recession around. The whole world depends on U.S. consumption to drive their economies. The quickest way to jumpstart our economy is to open the border with Mexico for a few weeks and let everyone in. And give amnesty to those who are here.
A slower way to turn things around is to vastly increase legal immigration and work visas from around the world. Two thirds of the U.S. economy is based on consumtion. We need young families to come here and spend. We need them more than they need us.
Our economic troubles require a radical revision of our thinking. An inflow of people will create more jobs than any government stimulus.