Low Propaganda: “Report” Claims Illiterate Refugees Will Net Europe Big, Big Profits
The Guardian has coverage of a new report by an NGO arguing that, while the bringing in of African and Muslim refugees into Europe will worsen budget deficits, this will be more than offset by rising GDP growth.
The migrants, we are invited to believe, are quite the bargain:
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.
“Investing one euro in welcoming refugees can yield nearly two euros in economic benefits within five years,” concludes Refugees Work: A Humanitarian Investment That Yields Economic Dividends, a report released on Wednesday by the Tent Foundation, a non-government organisation that aims to help displaced people, and Open Political Economy Network, a new thinktank.
A fellow at the London School of Economics, Legrain says he hopes the report will dispel the myth [sic] that refugees will cause economic problems for western society. [. . .]
While their absorption puts a short-term strain on public finances, Legrain says, it also increases short-term economic demand, which acts as a welcome fiscal stimulus in countries where demand would otherwise be low.
In the longer term, refugees will increasingly contribute to tax revenues — and also create jobs.


One of the more spectacular examples of an MSM frenzy over supposed anti-Semitism: the reaction to






