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An economic analysis

Dear Editor:Thanks to Mr. Canitrot (Aspen Times, May 25) for clearing up something that I should have seen originally in my arguments. You have very valid points that are important to address. Hope this helps you.This is directly taken from a New York Times article written recently talking about illegals’ contribution to Social Security. “[Seven] billion [dollars] in Social Security tax and $1.5 billion in Medicare tax paid. This tax contribution represents about 10 percent of the current Social Security surplus – the difference between what is being collected in Social Security taxes and what is being paid out in benefits.” Illegals, according to this study, are saving Social Security from collapsing.Here are some facts that I thought were interesting: 40 million Latinos in America as of 2005; 5.9 million illegal equals 14.75 percent of Latino population; $16 billion sent to Latino countries last year multiplied by 14.75 percent equals $2.36 billion illegally sent.War in Iraq: $172 billion spent; 27 months in Iraq divided by 172 equals $6.37 billion per month; $212 million a day or 11.13 days of war to equal illegal exporting to Latino countries.Let’s say the Iraq war stopped today at $172 billion. According to reports Latino immigration is increasing at 10 percent into the United States annually. Illegal Latino immigrants continually coming at this same 10 percent increase a year [means] the following would happen – with $2.36 billion multiplied by 1.1 annual increase (10 percent yearly) – in 2028, the amount of Illegal funds sent from the United States would finally surpass the amount spent on the Iraq war. Now I fully understand there are many other economic factors to consider in my formula, but these factors are relatively small compared to the $16 billion being exported to Latino countries.I think we can hopefully all agree that legal citizens of this country are free to do anything they wish with their money; the illegals are the ones in question. The majority of the money sent to Latino countries annually (85.25 percent of $16 billion) is not our right to argue about if you believe that such rights exist for legal Americans. By choosing to remain in Iraq, our government is depleting funds at a rate 32 times faster than the illegals are. My assumption is that most Americans would see the money spent in both instances, war and illegal deporting, as money the American people will never see again? This is the reason for my comparing the two, strictly an economic analysis and nothing more.Matthew StarbuckCarbondale


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