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Monday, January 13, 2020

I thought they were GOOD for the economy

A Swedish township is going bankrupt thanks to immigrants:
The Swedish municipality of Bengtsfors has petitioned the national government for aid due to massive costs incurred taking in more migrants than the municipality could afford. Local Moderate Party politician Stig Bertilsson said the multi-page letter was clear in identifying the cause of the budget deficit as being related to the large number of “new Swedes” taken in and requested aid to cover the costs, SVT reports.

“Costs in municipalities that have received new arrivals have continued to be substantial even when government revenues have stopped. This creates a large negative hole in the municipal cash register,” Bertilsson said.

When asked about tax revenues from new migrants that could bridge the deficit gap, Bertilsson said that in the long run he hoped there would be a rise in revenues but so far there has not been one, adding that the Swedish labour market “has a long way to go”.
Haven't they taken the increase in their GDP into account? Don't laugh, though, the US is also bankrupt and for exactly the same reason. The only difference is that the US can still convince people to accept its IOUs.

51 comments:

  1. Migration is the exportation of poverty?

    I read somewhere that remittances from the U.S. are over 16% of Guatemalan GDP.
    El Salvador is close with over 15%

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  2. Ah, more proof that Diversity Is Our Strength (tm). Don't let a little thing, like losing all your income to taxes, turn you into a hater.

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  3. I think how GDP is calculated, a million foreigners imported sentences and incarcerated at $40k/yr would count as a 40B boost to GDP

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  4. >>“We are facing some years of demographic challenge, which makes me a little worried that the municipalities may be forced to raise taxes,” said Urban Hansson Brusewitz, the head of KI.<<

    Swedes are used to sacrifice. They just don't know yet that it's a sacrifice to moloch.

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  5. Yes, but have they accounted for the ethnic cuisine? How can anyone put a price tag on that?

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  6. I'm a simple uneducated man scraping by in my rural idiocy, but I'm starting to think this word "economy" is wizardry and used by wizards to keep me impoverished even as I produce.

    Is this so?

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    Replies
    1. More or less. Everything you receive is literally a gift from God. He decides how much money you have.

      Money, power, and fame have a strong correlation with burning in hell.

      Delete
  7. High refugee areas are never like the Hamptons. They are more like ghettos (often literally are ghettos really). The evidence is right before our eyes wherever we live. Yet they condition most people not to join the dots, by trotting out a few success stories and giving us skewed economic figures, that most prople will never investigate.

    I grew up in an immigrant rich area. It was everyone's goal to get out of that area.

    Everyone's.

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  8. Of course their problem is the old Swedes, taking up the resources necessary for the new Swedes. Get rid of them and Sweden will be as Swedish as it ever was. Skål.

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  9. But....but.... They will keep real estate values up so investments will have more yield. The taxes they will pay will keep benefit programs solvent.
    t. Boomernomics

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  10. GDP would also get a boost when the govt buys up entire hotels to house migrants, as they do in Toronto!

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  11. @10
    Just you wait, in three hundred years, the economic benefits will be the envy the world over! Those intolerants who haven't experienced the wonders of diversity are gonna be sooooo jealous.
    Besides, in the here and now, crime stimulates the economy, insurance payments for destroyed property, hospital bills for injuries, courtrooms and law enforcement for the perps - all of that is good for the economy!

    Krugman

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  12. @7. When an economist tells you something definitively, he is fucking with you. I sat through an economics degree and had to put up with economist bullshit for years. If they're not blatantly lying to you, they're undertaking statistical trickery or "creative" accounting.

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    Replies
    1. I was in the middle of a Masters in Economics. Quit after the first year in disgust and started my own business.

      Delete
  13. Municipal costs are racist, budget deficits are racist, accounting is racist, noticing demographic change is racist, the labor market is racist, real estate values are racist, in fact anything that doesn't result in sacrificing your lily-white life in an orgy of pathological altruism is racist.

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  14. "the Swedish labor market has a long way to go".
    NO.

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  15. Good. Nothing warms my heart more than seeing the plans of idiotic progressists, fat white women and christian shills go to ruins.

    I guess the project is to completely replace the ethnic Swedes by Africans of all sorts. Once that marvellous plan is acomplished, everything will be reset to zero, as it will be Africa in Sweden, with no white people to foot the bills.

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  16. Sargent.matrim wrote:by trotting out a few success stories

    Often very fake "success" stories that been created with govt (and/or NGO) subsidy of one type or other (including jobs).

    Similarly, as many people have observed, govt (and no doubt NGO) jobs are largely a way to create middle class blacks these days.

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  17. You'd think an influx of scientists, doctors, lawyers and engineers would be a benefit to the local economy.

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  18. They have to go back™


    Diversity™ is a weapon of violence and parasitism against Whites.


    Access to White people is NOT a human right.

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  19. When asked about tax revenues from new migrants

    Ha! They actually think they're going to get revenues from peoples culturally well schooled in dodging the predatory tax collectors of such charming entities as the Ottoman and Moghul Empires? Whatever else my other opinions about Iraqis and Afghans, what I learned was that they are politically astute in ways the average Westerner cannot imagine and they have utterly no scruples about placing their kin first, even if it's with actions that are patently destructive to the larger society (and thus themselves) in the long run.

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  20. @13 Shane Bradman

    ..but, but, ceteris paribus, then it all works wonderfully !!!

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  21. Mr.MantraMan wrote:'m a simple uneducated man scraping by in my rural idiocy, but I'm starting to think this word "economy" is wizardry and used by wizards to keep me impoverished even as I produce.

    Is this so?

    In practice, yes.
    Ska_Boss wrote:You'd think an influx of scientists, doctors, lawyers and engineers would be a benefit to the local economy.
    I was nodding my head, until I read ``lawyers.''

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  22. Patlalrique,

    It gets even more fun when the power goes off in Göteborg in January, because no one is left to maintain it.

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  23. Mr.MantraMan wrote:I'm a simple uneducated man scraping by in my rural idiocy, but I'm starting to think this word "economy" is wizardry and used by wizards to keep me impoverished even as I produce.

    Is this so?

    At this point: yes.

    I think the economy is a castle of lies and a house of cards — one where any actual honesty would cause a collapse. This is quite possibly the reason that Trump did a 180 on the issue of imported workers (particularly H1B), the corporations have become so addicted to the siren song of "cheap labor" that they've created an industry of fraud to ever import more so that they may have their next hit. — And, given that Trump is a businessman, there is very likely to be the idea that "America = businesses" in his head, and thus since exposing & punishing this rampant fraud would hurt businesses it would also hurt America.

    Doktor Jeep wrote:But….but…. They will keep real estate values up so investments will have more yield. The taxes they will pay will keep benefit programs solvent.
    t. Boomernomics

    heh — There's far more truth to that than most people realize. I'm convinced that real-estate/housing is one of the big factors/lobbies on the issue of immigrants: after all, there's a high correlation of foreign-labor and high rent areas because the foreigners can pack a dozen to a house and all chip in to provide a rent that is equal to or in excess of the average wage.

    And this is by design — by making it difficult to impossible for native people to store wealth, it adversely impacts their ability to start having families. This is especially true for the STEM-types, who consider the impact/cost/ability of such decisions.

    Duke Norfolk wrote:Sargent.matrim wrote:by trotting out a few success stories
    Often very fake "success" stories that been created with govt (and/or NGO) subsidy of one type or other (including jobs).
    Similarly, as many people have observed, govt (and no doubt NGO) jobs are largely a way to create middle class blacks these days.

    I disagree; observably the policies pursued are to destroy the middle class and replace the native peoples — they wish the former to strip the people of any political capability, and the latter to strip the population of the moral outrage against corruption (hence the where that foreigners are imported from).

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  24. Funny story. A Sweden democrat led muncipality offered nearby failing, lefty ones their migrants.

    'Since they are supposed be good for the economy'.

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  25. @Stg58/Animal Mother (comment #23)


    Stg58/Animal Mother wrote:no one is left to maintain it

    True that yo! oh wait... On second thought, that's wassist!!! We all know there is a whole bunch of high IQ engineers among the migrants that can manage that. If Sweden becomes a shithole, it will still be because of white oppression, even if there is no white folks left! It is called ''intitutionalized White Racism'', you see.

    You get the memo, pal? ;)

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  26. The net cost of taking on refugees seems quite obvious. Apparently now 17 GOP Governors sent letters to the state department to take on more. I do not understand why any GOP Governors would be sidestepping trumps EO and signing up for more diversity. Are all these Governors really Sorros funded saboteurs?

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  27. OneWingedShark wrote:And, given that Trump is a businessman, there is very likely to be the idea that "America = businesses" in his head, and thus since exposing & punishing this rampant fraud would hurt businesses it would also hurt America.
    Or, perhaps, he's planning on tapering off, rather than quitting cold turkey. We can hope, anyway.
    🐻Drew🐻 wrote:Apparently now 17 GOP Governors sent letters to the state department to take on more. ... Are all these Governors really Sorros funded saboteurs?
    Soros? Maybe. Saboteurs? Absolutely.

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  28. 7. Mr.MantraMan January 13, 2020 8:12 AM
    Is this so?



    indeed.



    20. Barbarossa January 13, 2020 9:50 AM
    Ha! They actually think they're going to get revenues from peoples culturally well schooled in dodging the predatory tax collectors


    that has nothing to do with it.

    in point of fact, this IS a failure of the modern welfare state.

    in the modern welfare state, it is the responsibility of the FEDERAL government to bear the cost of these "high value" immigrants via housing disbursements, food stamps / cards, guaranteed education loans and unemployment benefits.

    the LOCAL government is intended merely to reap the benefits of having to administer the disbursement of the funds ( thus needing to hire more office staff ), and the funds are intended to artificially stimulate the local economy via purchasing and services demand which otherwise would not exist.

    welcome to your brave new world of central banking, economically designed inflation of the money supply and marxist rent seeking.

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  29. 28. 🐻Drew🐻 January 13, 2020 11:22 AM
    Are all these Governors really Sorros funded saboteurs?



    nah.

    a lot of them are just Boomertards desperate to virtue signal about how NOT RACIST they are.

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  30. A few years back when sweden decided to intensify their enrichment I was a little puzzled by how they could show good GDP numbers (immigrant expenses stimulating the economy) while at the same time the debt remained static.

    So I went looking through various government websites looking for who were paying for the welfare and how much, couldn't find it despite being both able to read swedish and having the technical knowledge. Very weird.

    Once I realized it was the municipalities paying for welfare out of local taxes it became rather clear that we'd have a quick and very obvious collapse. You can hide stuff for far longer if the whole nation by default is taking on the burden of supporting a large number of low-productivity individuals.

    Looks like Sweden will fall before France.

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  31. 🐻Drew🐻 wrote:I do not understand why any GOP Governors would be sidestepping trumps EO and signing up for more diversity.

    Because they don't bear the cost. It was once said that if Congressmen had to go through TSA checkpoints the whole agency would be disbanded in a week. Similarly if the first refugees were required to live in or around the governors residence none of them would vote for it

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  32. I suppose that when all the blonde girls are raped and the freebies run out, the sand people will go home? It is a shame my fellow vikings have not brought out their rusted axes and begun to relubricate them. Perhaps, soon they will finally reach the limits of their good will.

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  33. "a lot of them are just Boomertards desperate to virtue signal about how NOT RACIST they are."

    Probably paid in children by the cabal

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  34. Well, at least we are not the only country doing stupid. At least there are still places to move to for now. It's a damn shame no one will get a back bone and pass sensible laws like ending the anchor baby BS or denying more public services to those who can not show valid citizenship.

    As if we don't have enough problems with our own duh-verse dummagraphic population:

    https://www.judicialwatch.org/corruption-chronicles/in-2019-over-90-of-illegal-aliens-arrested-in-u-s-had-criminal-convictions-pending-charges/

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  35. They are going right into open mocking phase now. Diamond Good Rim teaching the kids. Guardian articles openly sponsored by The Rockefeller Foundation.

    They delight in showing you whats going to happen, in code, before it does.

    Mass wipeout is now inevitable. Christians know it so prepare. Arkhaven indeed! Enjoy the ride!

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  36. tax revenues from new migrants that could bridge the deficit gap

    Whatever meager percentage of these "new Swedes" that is actually employed (in those jobs original Swedes won't do) is also eligible for the Swedish form of EIC, because of the low pay and their 150 "dependents", so even they are nothing more than a drain on the coffers.

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  37. @30

    Of course, it's a failure of the welfare state. But one of the selling points of importing vibrancy is "Moar GDP! Moar tax revenue!" What's being imported had no intention of working back home and they especially have no intention being tax serfs in their new digs.

    But if you think you can kill the welfare state first to stop immigration, good luck.

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  38. @32. Rakshasa January 13, 2020 12:09 PM

    ...

    " Once I realized it was the municipalities paying for welfare out of local taxes it became rather clear that we'd have a quick and very obvious collapse. You can hide stuff for far longer if the whole nation by default is taking on the burden of supporting a large number of low-productivity individuals."

    The US is a mix of federal, state, and local, making it easier to hide the economics. Most states have something that goes under different names, including "state aid." The state will shift tax revenues to poorer cities and counties.

    So when a city imports a lot of poor unskilled immigrants the state will send money to the city. A meat packing plant may be built that does not pay enough to keep workers off welfare so the state sends money to pay for teachers, etc. as the immigrants do not pay net taxes.

    What counts is GDP per capita, if GDP is useful at all. GDP per capita falls when low skilled immigrants are imported. It is easy to determine the taxes paid by a low skilled immigrant compared to the state services they receive. They are a net loss.

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  39. An economics professor told me that every dollar you use to stimulate an economy boosts GDP by 5 times, so just because you get low skilled immigrants doesn't mean the GDP per capita falls. You have to also look at the debt increase due to increased government spending.

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  40. Exactly what good are semi-literate savages supposed to be to the Swedish economy?

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  41. 39. Barbarossa January 13, 2020 1:30 PM
    But if you think you can kill the welfare state first to stop immigration, good luck.



    i was explaining the Central Banking Thieving Scheme. why are you yelling about killing the welfare state?

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  42. Says the letter writer in part: "This creates a large negative hole in the municipal cash register, ..."

    Those are some funky figurative economics jargon physics up there in Scandinavia or parts thereof. Or translation isn't what it used to be.

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  43. Weak, compliant cuckold men that either submit wholesale to the invasion & destruction of their country, or are too afraid to speak forthrightly against it. And those brave few who do, get absolutely no backup from their fellow countrymen at best; at worst, their fellow countrymen join in with the virtue-sigalling mob to call them "xenophobes" or "nazis" or "bigots."

    I keep vacillating over whether people/countries like this are even worth saving.

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  44. The sooner things break down the sooner they can be fixed.

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  45. Ominous Cowherd wrote:OneWingedShark wrote:And, given that Trump is a businessman, there is very likely to be the idea that "America = businesses" in his head, and thus since exposing & punishing this rampant fraud would hurt businesses it would also hurt America.
    Or, perhaps, he's planning on tapering off, rather than quitting cold turkey. We can hope, anyway.

    Perhaps.

    The Lab Manager wrote:Well, at least we are not the only country doing stupid. At least there are still places to move to for now. It's a damn shame no one will get a back bone and pass sensible laws like ending the anchor baby BS or denying more public services to those who can not show valid citizenship.
    It's been obvious for a while that our leadership/politicians love foreigners more than our people.

    Storm Rhode wrote:The sooner things break down the sooner they can be fixed.
    This seems to be the only way things will be fixed, sadly…
    Sad because this means there's going to be bloodshed, bloodshed which could have been avoided.

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  46. "Sad because this means there's going to be bloodshed, bloodshed which could have been avoided."

    The left has been itching for a violent overthrow of American society since before I entered kindergarten in 1970.

    These people are absolutely, insanely, filled with blood lust. During the 1970's, there were bombings of public buildings at a rate of over one EVERY WEEK making it into the national news; and back then, it wasn't an easy thing for a local TV station to get their footage to New York.

    It's not a question of IF there will be bloodshed, merely a matter of when.

    Remember Jefferson's remark about The Tree of Liberty needing to be watered with the blood of patriots and scoundrels

    A couple months back, someone noted that the U.S. Civil War was nothing more than a sequel to Cavaliers (primarily wealthy and proponents of absolute monarchy) vs. Roundheads (primarily peasants and the emerging middle class, proponents of constitutional monarchy).

    Details of the political stances have changed somewhat, but the overall alignments (extreme wealth favoring government with no accountability vs. people with less to no wealth, who fear arbitrary government and police).

    Neither Lincoln nor Slavery were really the issue -- but they were good for rhetorical appeals as they were the most tangible aspects of the intangibles.

    "States' Rights" = "Home Rule" = defense against centralized autocracy/oligarchy.

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