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Immigration costs more money than it brings in, it is a cost factor. Bernd Raffelhüschen, professor of finance at the Albert Ludwig University of Freiburg, at least claims this based on his calculations. He and his colleagues from the Market Economy Foundation regularly calculate the so-called sustainability gap in the generational balance, reports the business server Handelsblatt.
According to Raffelhüschen, he is trying to dispel the myth that immigration is a financial salvation for pension funds and social insurance. In Germany’s aging society, there is already a large gap between what employers and employees pay in taxes, care, pension and health insurance contributions and what they will receive in the future, he said.
According to him, this “sustainability gap” will grow to 19.2 trillion euros if Germany continues to accept 300,000 foreigners per year. However, if Germany were to immediately stop accepting immigrants, the gap would “only” be 13.4 trillion.
The number of asylum applications has increased in Germany. By the end of November, over 300,000 people had applied
As a result of immigration, the budget gap is deepening by the aforementioned 5.8 trillion euros. “This is the price of immigration in our current system,” Junge Freiheit quoted Raffelhüsche as saying.
In 2022, the net number of immigrants in Germany will rise to 1.5 million, the highest since migration statistics were introduced in 1950, the Federal Office for Migration and Refugees announced last week. 2.7 million people came into the country and 1.2 million left the country. The balance has therefore more than quadrupled compared to the previous year.
Last week, Chancellor Olaf Scholz himself called for openness towards foreign workers. “The economy has to improve, and that can only happen if workers continue to come to us,” said Scholz.
The current social system is not sustainable
But according to Raffelhüschen’s study, immigrants hardly contribute to the social system. It takes an average of six years until they are fully integrated into the German labor market, during which they pay almost nothing into social security. Furthermore, the situation will not improve significantly even after this. This is due to a lack of qualifications – most immigrants simply earn less than German employees. However, this also means he pays less taxes. However, they receive the same amount from the state for various social benefits (illness, care, basic pension).
In addition, the renowned professor claims that even an optimistic scenario, namely that 100,000 qualified workers would come to Germany every year, would not significantly improve the situation. According to his calculations, the sustainability gap would still be 14.2 trillion euros, which would be 0.8 trillion more than with zero immigration.
“Although migration policy is of great importance for Germany’s financial sustainability, it cannot adequately compensate for the consequences of demographic change,” Handelsblatt quoted the author of the study as saying that the problem is not just immigration itself, but the entire social system , whose current form is simply not sustainable in the long term.
Not just Great Britain and Italy. The German CDU also wants rapid deportations of migrants outside the EU
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