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Mexico Is Rich and Can Pay for the Wall—One Way or Another
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June 01, 2018, 08:44 PM
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President Trump got Mexico’s attention during his Tuesday speech in Nashville when he said our southern neighbor would pay for the border wall.

PRESIDENT TRUMP: In the end, Mexico’s gonna pay for the wall; I’m just telling you. I don’t want to cause any problem, but in the end Mexico’s paying for the wall. They make all of this money, and they do absolutely nothing to stop people from going through Mexico from Honduras and all these other countries, the caravan, all of this stuff. They do nothing to help us, nothing.

As I have been writing since 2003, Mexico Is Rich. The Wikipedia list of Gross Domestic Product by nation shows Mexico at #15 according to three sources.

Mexico has a very wealthy elite class, including 15 billionaires according to Forbes’ list published in 2017. However, it is useful for rich Mexicans to maintain the myth of Third World Mexico needing help from abroad, so little is done to disabuse Americans.

Mexican’s elite includes rich kids who have jet-setter lifestyles.

What’s really maddening is for broke America with $20 trillion in debt to continue sending aid to wealthy Mexico. Just cutting the millions in foreign aid going to Mexico could pay for the wall eventually.

How much foreign aid does the United States provide to Mexico?, AzCentral.com, September 20, 2017

In 2015, Mexico received $338 million in aid that was broadly classified as economic development and military assistance, according to the U.S. Agency for International Development, or USAID.

It amounted to about $2.60 per person in Mexico. But it was a tiny fraction, about 0.8 percent, of the $41 billion in foreign aid the U.S. provided that year. Overall foreign aid represents about 1 percent of the federal budget.

About a quarter of the aid to Mexico was considered military assistance. By far, the two biggest sources of economic development spending were counter-narcotics efforts in Mexico.

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