A report from the Swedish Association of Local Authorities and Regions (SKL) says that the costs of the country’s welfare program are too high. According to the report, this is due to the country’s high population growth, fuelled by a massive influx of migrants with a high fertility rate.
Annika Wallenskog, chief economist of SKL said to newspaper Dina Pengar:
“Beginning 2018 we expect that the need for welfare will grow considerably more rapidly than tax revenues”
Six parties out of eight parties in the Swedish parliament have agreed that the retirement age will be gradually raised from 61 now to 64 in 2026. The idea is to lower the total benefits of pensioners and keep them longer active in the labour market.
But a better solution, of course, would probably be to deport the country’s large number of (illegal) and mostly unemployed immigrants. Only in 2015 the country already received 156,000 asylum applications.
A while ago, Sweden’s Finance Minister Magdalena Andersson admitted that the country has “major problems” because of mass migration. A report of the Financial Times even said that Sweden is one of the worst countries for integrating migrants.
A professor in social anthropology thinks it is because of the fact that Sweden is a “highly complex country where you can’t get a job without education. Many of those who come are uneducated — that is the main problem.”
An article by the National Economics Editorial states that Sweden deliberately hides the true costs of migration. According to them these costs could be as high as $18.6 billion USD in 2017 or $58,490 per refugee per year.
Let’s be honest, an ageing workforce and pensioners costs money in benefits as well, but they worked all their life for it. For migrants that’s a different story and that’s how Sweden’s elderly population, directly or indirectly, will pay for the migrant benefits.