We are making inroads in both groups - Bush got TWICE the Hispanic vote in 2004 as he did in 2000. Couple generations of that, and you will see the stats completely reversed.
IIRC, that isn't correct. He did better with the hispanic vote than typical republicans, but only in states that were already solidly in the GOP camp anyway.
Twelve million unemployable hispanics are not going to vote for a fiscal conservative party.