Immigration costs 5.8 trillion euros
Germany January 11, 2024
The pension and social expert Raffelhüschen calculates the overall economic price of immigration. He dispels a myth and describes migration policy as “stupid as straw”.
BERLIN. The economist Bernd Raffelhüschen has presented a calculation of how expensive immigration is for the German population. Accordingly, mass migration creates an overall economic hole of 5,800,000,000,000 - in short 5.8 trillion euros.
The Freiburg professor dispelled the myth, promoted by all established parties, that immigration saves pension and social security funds. According to Raffelhüschen, there is already a large gap in the aging German society between what employers and employees pay in taxes, nursing care, pension and health insurance contributions and what they will be paid out in the future, says Raffelhüschen.
According to the expert, this “sustainability gap” will grow to 19.2 trillion euros if Germany continues to accept 300,000 foreigners annually. On the other hand, if we no longer allowed migrants into the country, the number would only be 13.4 trillion. Immigration increases the hole by 5.8 trillion euros. Raffelhüschen: “That is the price of immigration in our current system.”
Raffelhüschen: Foreigners pay little
On average, migrants would need six years to integrate into the German labor market. During this time they hardly paid into the social system. But even after that, according to his study, which he prepared for the “Market Economy Foundation”, things will hardly get any better. Because they earned significantly less than their German colleagues due to a lack of qualifications. As a result, they also paid fewer taxes and duties. However, they received the same sickness, nursing and pension benefits.
Raffelhüschen explained: “Although the age structure of migrants potentially has a demographic rejuvenation dividend, this does not lead to a positive fiscal balance of migration in any of the scenarios considered.”
To illustrate his results, Raffelhüschen chose an example: “An asylum seeker comes to Germany at the age of 26, is rejected after two to three years, but remains here with tolerance. Then he gradually begins his first jobs, gets qualified and, at the age of 35, begins a career as a tax and contribution payer. Because his pension entitlement is low, he receives basic security as a pensioner - for which his contributions would never have been enough.
Even skilled immigration brings a loss
The 66-year-old scientist, who once advised the federal government in the so-called “Rürup Commission,” said: “It doesn’t pay off. This is all far too expensive.” This year alone, the federal government is making almost 50 billion euros available in its budget for migration – not including the costs for the social system.
Raffelhüschen has calculated that even with an additional immigration of 100,000 trained skilled workers per year, Germany would still make a loss. The “sustainability gap” would then still be 14.2 trillion euros – and therefore 800 billion euros above the financing burden without any immigration.
Raffelhüschen found clear words for the migration policy pursued so far by both the Merkel and now Scholz governments: “If we carry on as before, we are stupid as straw!” (fh)
https://jungefreiheit.de/politik/deutschland/2024/raffelhueschen-zuwanderung-kos...Third world immigration is a burden - financial, social, cultural, political - on every Western country.
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