France Sees Economic Future in the Black due to Massive Immigration

• By James Kravitz
• (General Dispatch) – Jacques Sapir, a French economist, advised that the government should take immediate action against immigration, as it is affecting the nation’s economy.

• According to Jacques, the cost of supporting immigrants arriving on French soil is increasing drastically and is being paid for through citizens’ contributions.

• However, while immigration may encourage consumption and investment, it is reflecting negatively on the fiscal and budgetary system.

• Jacques wrote an article which was published in the Marianne magazine, where he explained that the government’s lax measures for immigration come from the 1990’s where the “family reunification” of migrants was sought.

• Studies conducted by the economist have shown that the GDP has been affected by 0.52% annually, one of the great difficulties that migrants have is the low level of education and the difficulty of learning French.

• On the other hand, immigration has affected the salaries of the French, since they offer their labor services for remuneration below the minimum wage, due to the fact that they do not have nationality documents.

• The economist made this message a year after the French parliament’s communiqué, arguing that immigration had not significantly affected the economy.

• “The impact of immigration on public finances is somewhat more negative in France than in the OECD average, in particular because of the low employment rate of immigrants and the redistributive scope of the French socio-fiscal system for the benefit of income households, among which there are many immigrants,” the parliament’s report stated.

Adittional Information:

Breitbart: Economist: Immigration Contribution to French Budget Increasingly Negative

Marianne: Jacques Sapir: “Immigration’s contribution to the budget is increasingly negative