, 15 tweets, 5 min read Read on Twitter
1/Today's @bopinion post is about the Border Crisis.

bloomberg.com/opinion/articl…
2/It's definitely a crisis!

vox.com/2019/4/11/1829…
3/Border apprehensions are way up compared to 2014, which was the last "border crisis". This one is almost twice as big.
4/Basically, a ton of families from Central America - Honduras, Guatemala, and El Salvador - are coming through Mexico and asking for asylum at the U.S. border.
5/In the short term, there are plenty of things we can do to avoid confining millions of migrants in squalid camps.

1. rand.org/blog/2019/05/c…

2. migrationpolicy.org/news/wall-cann…

3. migrationpolicy.org/news/policy-so…
6/But in the long term, the only way Central Americans are going to stop flooding our asylum system is if Honduras, Guatemala, and El Salvador become less poor.
7/There's an obvious precedent for this: Mexico.

13 years ago, unauthorized Mexican immigrants were pouring into the United States. But for the past 12 years, they've been going back.
8/The number of Mexicans crossing the border has dropped by over 90%.
9/Why did the Mexicans stop coming?

Not because Mexico is a safe place - the Drug War is still claiming tens of thousands of lives per year.

It's because of the economy. It's because Mexican living standards rose.
10/But the small Central American countries to the south of Mexico are still poor.

Check out the difference!
11/In general, when countries get richer than $8000/person (PPP), migration pressure tends to drop.

ftp.iza.org/dp8592.pdf
12/So Guatemala and El Salvador are right at the point where, if their economies keep growing, they'll stop sending out waves of poor migrants looking for work.

(Honduras will take a little longer.)
13/So what we should be doing is boosting the economies of Guatemala, El Salvador, and Honduras through investment and trade!
14/Unfortunately, Trump is doing pretty much the opposite.

Slamming the Central American countries is going to make the border crisis worse.

reuters.com/article/us-usa…
15/If you want to fix the border crisis, fix Central America.

It's not actually that hard to do.

(end)

bloomberg.com/opinion/articl…
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