Posted on 11/05/2015 5:13:10 AM PST by reaganaut1
BRUSSELS — European Union officials on Thursday put a positive economic spin on the bloc’s refugee crisis.
In an economic forecast, officials predicted that the three million migrants expected by 2017 would provide at least a small lift — a net gain of perhaps a quarter of 1 percent by that year to the European economy.
With that prediction, the European Commission, the bloc’s executive arm, used one of its periodic economic forecasts to wade into the most divisive issue, migration, Europe has faced in decades.
The arrival this year of large numbers of refugees and migrants from Syria and other war-torn countries has driven a wedge between countries like Germany that have sought a more accommodating stance and those like Hungary, which want far tighter border controls.
The commission, in its autumn economic forecast, said "the arrival of large numbers of asylum seekers" would require increases in public spending to manage the influx — spending that would provide a stimulus to the European economy.
There would also be an additional positive impact from the increase in workers, “provided the right policies are in place to facilitate access to the labor market,†the commission said in a news release.
The report acknowledged that the European recovery has been slow. And it warned against expectations of a rapid turnaround because of challenges that include the slowdown in China and regional tensions created by a standoff with Russia over Ukraine.
(Excerpt) Read more at nytimes.com ...
Hmmm... Millions of unskilled, disease-ridden, welfare-soaking, cult-following, non-assimilating, headchopping troublemakers to increase GDP. Brilliant!
Well, somebody is going to make a lot of money on these “refugees.” There will be an “economic boon” to those who get the contracts for providing for the enemy army that is invading Europe.
Guns and ammo sales.
Body armor.
security systems and cameras.
It’s going be an economic “boom” soon enough.
Europeans better prepare accordingly because the Yanks aren’t coming....we got our own mess to deal with.
They know the truth but are saying this to appease the poor suckers whose heads are going to get chopped.
Idiots.
I wonder if the idiots making the prediction have deducted the cost of the religious wars that the invaders will cause.
Sure...it's the stinking lawyers.....most all polotitions are lawyers.... They'll make out like fat rats (more criminals and crooks, more crime) while everyone else takes it up the kazoo....!
by their logic, I can get rich by writing myself a million dollar check!! Brilliant!!!
F***ing insanity.
Well, Nancy P did tell us that food stamps are a boon to the economy, so there ya go.
How does a community and culture of death that will be on your door work for your county’s best interest and economy?
This is all insane.
The EUropean nations will be jockeying for more refugees.
In related news Scientists say “thousands of leaches does a body goodâ€
That is like inhaling asbestos just so you can say hello to your doctor every week
Caution: socialist economics at work. Anything that increases government is good and even better if it creates a class of people who support those in power.
81% of them have no work skills and will be on welfare. Yeh what a boon to industry.
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