I really thought/hoped that this report was lifted from The Onion:
"During the best of the times, Miguel Salcedo’s son, an illegal immigrant in San Diego, would be sending home hundreds of dollars a month to support his struggling family in Mexico. But at times like these, with the American economy out of whack and his son out of work, Mr. Salcedo finds himself doing what he never imagined he would have to do: wiring pesos north."
I mean - come on - things are so bad in the US that Mexican families are wiring money TO their relatives in the US? That has to be a joke - I've been reading the financial press every day and I've been told that the recession is over and that everything is fine.
"In other cases, the migrants are returning home, as the many passengers who hop off the bus that runs regularly from northern California to a gas station in Miahuatlán make clear. “There’s nothing up there,” said a young man with an overflowing suitcase who returned one recent night."
Come on - are you kidding me? Sadly - no - that's the truth of the economic situation in our country. The ponzi scheme of confidence doesn't solve our problems - telling people that things are better does not make things better.
"There's nothing up there." That should be the headline in the mainstream media - not "recession over" or "jobless claims data improves."
Things are so bad here that 1) Mexican workers who came to the US to earn money to send home to their families in Mexico are now having to receive money from their families instead, and 2) Mexican migrant workers are going back to Mexico.
I mean - what more do I need to say?