Posted on 05/17/2016 11:17:21 PM PDT by Berlin_Freeper
Refugees who arrived in Europe last year could repay spending on them almost twice over within just five years, according to one of the first in-depth investigations into the impact incomers have on host communities.
Refugees will create more jobs, increase demand for services and products, and fill gaps in European workforces – while their wages will help fund dwindling pensions pots and public finances, says Philippe Legrain, a former economic adviser to the president of the European commission.
Simultaneously refugees are unlikely to decrease wages or raise unemployment for native workers, Legrain says, citing past studies by labour economists.
Most significantly, Legrain calculates that while the absorption of so many refugees will increase public debt by almost €69bn (£54bn) between 2015 and 2020, during the same period refugees will help GDP grow by €126.6bn – a ratio of almost two to one.
(Excerpt) Read more at theguardian.com ...
Liars figure
Nonsense. These feral vermin mostly have never worked a day in their lives. Immigrants who move for work add to the economy. So called asylum seekers are just moving their shithole ghettos to a place with better welfare benefits.
Bull crap! Only a complete idiot would believe such bull!
Europeans should look at how Americans were told the same BS; this is a bunch of crap. For every taxable “maker” we’ve trafficked here, there are several “takers”, and our “poverty industry” encourages it. Millions of Americans are employed “administering” these people in various ways (as teachers, cops, prison guards, interpreters, etc.) and the bill is paid by everyone else (granted, those gubmint workers kick back a small part of their high salaries in taxes, but it is a losing proposition for American taxpayers).
For sure, they’ll increase the velocity of welfare money and support payments.... however the costs of policing them and gross social costs will by far outweigh any benefit of muslim mooches and slugs.
Europe’s elites need these “refugees” for the same reason ours do; as our population contracts there are less and less Americans to serve our 1%ers. Without importing Third World populations, Western countries would see ghost towns reminiscent of the Black Plague...
> refugees will increase public debt by almost €69bn (£54bn) between 2015 and 2020, during the same period refugees will help GDP grow by €126.6bn
Even if these figures are accurate, the governments are going to take half of the revenue side, which means no net benefit to the public.
Bs to the max. But it also skirts the main issue. Europe is invaded and soon will be subjugated, conquered by the enemy its sell- out ruling elite’s let in
Utopian bull (cough cough). There was a reason Cesar Chavez first stood in the fields with a stick - to keep out illegals, who decrease wages and raise local unemployment (yes, he later sold out to the unions, but the point remains timeless)
The broken window fallacy:
In Bastiat’s tale, a man’s son breaks a pane of glass, meaning the man will have to pay to replace it. The onlookers consider the situation and decide that the boy has actually done the community a service because his father will have to pay the glazier (window repair man) to replace the broken pane. The glazier will then presumably spend the extra money on something else, jump-starting the local economy.
The onlookers come to believe that breaking windows stimulates the economy, but Bastiat points out that further analysis exposes the fallacy. By breaking the window, the man’s son has reduced his father’s disposable income, meaning his father will not be able purchase new shoes or some other luxury good. Thus, the broken window might help the glazier, but at the same time, it robs other industries and reduces the amount being spent on other goods. Moreover, replacing something that has already been purchased is a maintenance cost, rather than a purchase of truly new goods, and maintenance doesn’t stimulate production. In short, Bastiat suggests that destruction - and its costs - don’t pay in an economic sense.
The broken window fallacy is often used to discredit the idea that going to war stimulates a country’s economy. As with the broken window, war causes resources and capital to be funneled out of industries that produce goods to industries that destroy things, leading to even more costs. According to this line of reasoning, the rebuilding that occurs after war is primarily maintenance costs, meaning that countries would be much better off not fighting at all.
The broken window fallacy also demonstrates the faulty conclusions of the onlookers; by only taking into consideration the man with the broken window and the glazier who must replace it, the crowd forgets about the missing third party (such as the shoe maker). In this sense, the fallacy comes from making a decision by looking only at the parties directly involved in the short term, rather than looking at all parties (directly and indirectly) involved in the short and long term.
_____________________________________________________________
These refugees stimulate the economy exactly like a riot with lots of broken windows, and only a moron would believe that was a positive - in other words, all liberals believe.
Gross Revenue doesn’t offset debt on a dollar to dollar basis. Apples and Oranges 1 billion in revenue may only produce 10 million in profits
We didn’t believe the crap although mostly German media do their best to wash our brains every day and turn the Polish people against the current right-wing govt.
The result is:
Polish-speaking Germans of the Civic Platform (former rulers)- 12%
The ruling Law & Justice - 42%
See this, what we think of Islam:
https://www.youtube.com/watch?v=ZDuXkFGIzKI
I’ve got some oceanfront property in Arizona that’s for sale, if anyone (like the author of this baloney) is interested.
This is why Trump makes so much sense.
You build a wall, send illigals home, create worker visas, and only let in those who have proven work waiting for them.
We need the workers only. No one coming in on work visa will be allowed on welfare or govt anything and they’ll pay taxes.
Europe has allowed a free-for-all.
“Most significantly, Legrain calculates that while the absorption of so many refugees will increase public debt by almost €69bn (£54bn) between 2015 and 2020, during the same period refugees will help GDP grow by €126.6bn – a ratio of almost two to one.”
If they’re so productive, how come the crapholes they come from don’t have booming economies?
“Not so bad once you’re up.”
(obscure Life of Brian” reference)
It’s Obamacare type math.
“You will save 2500.00 a year with Obamacare”
Pure BS.
And Venezuela will become an economic power house.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.