“The Swedish refugee reception in 2015 was a minor financial success. It may be the kingdom’s best-kept secret,” states Aftonbladet’s Petter Larsson in the article.
He has read a new book by the left-wing academic Peo Hansen, who argues that third world immigrants will be a bigger profit for Sweden the more they cost in grants and other things.
Hansen, who is a professor of ethnicity at Linköping University, has come to this conclusion by using the macroeconomic education Modern Monetary Theory (MMT). It is a trendy left-wing ideology that states can avoid economic problems by simply creating more money all the time.
The book shows that a “large refugee reception” can “be a good deal even for budget hawks”, states Petter Larsson triumphantly.
“Government spending immediately became income for municipalities, companies and private individuals – something that does not fit into the narrower government financial calculations. Thanks to these stimuli, growth soared, unemployment fell and tax revenues increased,” he writes.
Source: Fria Tider by www.friatider.se.
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